Gold prices were a touch lower amid a steady dollar early on Tuesday, with investors eying developments on the geopolitical front and remaining cautious ahead of an annual central banking meeting in Jackson Hole later this week.

FUNDAMENTALS

* Spot gold had slipped 0.1 percent to $1,289.77 an ounce by 0054 GMT, after rising 0.5 percent in the previous session.

* U.S. gold futures for December delivery were down 0.1 percent to $1,295.30 per ounce.

* Asian shares edged higher on Tuesday, taking solace from modest gains on Wall Street even as investors remained wary ahead of the annual Jackson Hole gathering.

* The dollar index , which tracks the greenback against a basket of six major rivals, was steady at 93.107.

* The Swiss National Bank will have to wait years before it can start winding down its huge foreign currency holdings for fear of triggering renewed rises in the Swiss franc that would hurt exporters.

* Ashanti reported a first-half loss on Monday on costs related to layoffs and money set aside for litigation, but stuck to its full-year targets.

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