FUNDAMENTALS
* Spot gold gained $1.24 to $1,678.49 an ounce by 0030 GMT.
* U.S. gold was nearly flat at $1,680.30.
* Firmer U.S. manufacturing data as well as strong China official purchasing managers index number pushed Wall Street to a fresh four-year high on Monday, and helped lift spot gold prices nearly half a percent.
* A more than 2-percent jump in oil prices also underpinned the sentiment in bullion.
* Federal Reserve policymakers on Monday signaled little appetite for further monetary steps to stimulate U.S. growth in an economy that is gradually strengthening.
* The European Central Bank is expected to keep rates unchanged at a policy meeting on Wednesday, as persistently high inflation will prevent the ECB doing anything new to prop up the euro zone's economy.
* Potentially supportive of platinum group metals, U.S. auto sales are expected to continue at a strong pace in March, capping the best quarter in four years for new vehicle purchases as the overall U.S. economy improved and new car buyers found easier financing.
MARKET NEWS
* U.S. stocks started the second quarter with a bang on Monday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth.
* The yen held firm in Asia on Tuesday as investors cut back on short positions amassed in recent weeks, while dreary euro zone manufacturing and jobs data kept a leash on the euro.
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