Gold inched up early on Tuesday as Asian stocks eased, but was sitting near a seven-week low hit in the previous session as Emmanuel Macron's victory in French elections dampened the safe-haven appeal of the metal. 

FUNDAMENTALS

Spot gold was up 0.1 percent at $1,227.08 per ounce as of 0054 GMT, after touching a seven-week low of 1,224.86 in the previous session. 

U.S. gold futures were steady at $1,227.10 an ounce. 

Asian stock markets were subdued on Tuesday, taking their cue from a flat Wall Street, as investors searched for the next catalyst following France's presidential election.

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