Gold futures ended lower on Tuesday as equities gained and the markets awaited clues about monetary policy from the US Federal Reserve, which began its two-day meeting. The market is not expecting an interest rate increase following the Fed's two-day meeting, but it is looking for hints on the timing and extent of future moves.

Gold futures for August delivery declined $2.20, or 0.2 percent, to settle at $1,252.10 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.2 percent at $1,251.90 an ounce.

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