Dec 31 (Reuters) - Gold prices were steady on Tuesday, holding below a more than two-month peak hit in the previous session, as weakness in the dollar countered optimism about the United States and China signing an interim trade deal soon.
FUNDAMENTALS
* Spot gold XAU= was little changed at $1,515.23 per ounce by 0044 GMT. Prices hit their highest since Oct. 25 at $1,516.20 in the previous session. U.S. gold futures GCv1 were unchanged at $1,518.30.
* Gold prices are set to post their best year since 2010, having gained about 18%, mainly driven by a tariff war between the world's two largest economies and quantitative easing by major central banks.
* The dollar .DXY edged lower against a basket of rivals, making gold cheaper for holders of other currencies. On Friday, the index suffered its biggest one-day fall since March.
* The White House's trade adviser said on Monday the U.S.-China Phase 1 deal would be signed next week, but said confirmation would come from President Donald Trump or the U.S. Trade Representative. The South China Morning Post reported on Monday Chinese Vice Premier Liu He would visit Washington this week to sign the deal. Speculators raised their bullish positions in COMEX gold contracts in the week to Dec. 24. China's net gold imports via Hong Kong in November plunged 72% from the previous month to their lowest in nearly nine years, data from the Hong Kong Census and Statistics Department showed on Monday. Among other precious metals, silver XAG= rose 0.1% to$17.93 per ounce, while platinum XPT= gained 0.4% to $961.27 and palladium XPD= edged up 0.1% at $1,907.66 per ounce. DATA AHEAD (GMT) 0600 Russia Markit Services PMI
Dec 0700* Turkey Trade Balance
Nov 0800* Switzerland Official Reserves Assets Nov 1000* Brazil TJLP Lending Rate
Q1 1400 U.S. CaseShiller 20 House Prices
Oct 1500 U.S. Consumer Confidence
Dec *approximate release time