Gold inched down early Tuesday after gaining nearly one percent in the previous session, easing as firmer Asian stocks marked a 10-year peak.

Fundamentals

* Spot gold was down 0.1 percent at $1,280.24 per ounce at 1252 GMT. The metal jumped nearly one percent on Monday on geopolitical risks in its biggest one-day percentage gain since Sept. 25.

* U.S. gold futures for December delivery dipped 0.1 percent to $1,280.90.

* Asian shares touched their highest in a decade on Tuesday, MSCI's broadest index of Asia-Pacific shares outside Japan edging up 0.3 percent in early trade.

* The dollar sagged on Tuesday, knocked away from an eight-month highs versus the yen down as Treasury yields slipped on uncertainty over whether the Republicans can pass their tax bill in a timely manner.

* U.S. President Donald Trump will step directly into the shadow of the North Korean nuclear standoff on Tuesday on a visit to South Korea in which his words alone could risk further inflaming tensions.

* Republican lawmakers on Monday began revising their proposed overhaul of the U.S. tax code, as Democrats pointed to the loss of popular deductions as proof the legislation was an assault on the middle class.

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