Gold prices held steady early on Tuesday on an easing dollar and weaker Asian stocks, after the metal surged to near two-year highs the session before.

Spot gold was up 0.1 % at USD 1,351.49 an ounce by 0052 GMT. The precious metal touched a peak of USD 1,357.60 an ounce Monday, less than USD 1 below last month's high. 

US gold was up over 1 % at USD 1,354.30.

Asian shares stepped back after five straight days of gains on Tuesday as investors took stock of a rally driven by the hope that central banks will provide stimulus to offset a likely downturn triggered by Brexit. 

 The US dollar index, which tracks the greenback against a basket of six rival currencies, edged down 0.1 % to 95.581.

London-listed shares of precious metals miners advanced to new highs on Monday, tracking gains in gold and silver prices, with Randgold Resources climbing to a record high and Fresnillo at its best level since late 2012