Gold prices edged down on Tuesday after clocking a sharp rise in the last session, as risk sentiment improved and bond yields rebounded, while investors await the U.S. inflation data due later this week.

China's new yuan lending is expected to jump in September after a surprising surge in August, a Reuters poll showed, as the central bank strives to boost the economy's recovery amid tepid demand both at home and abroad.

Gold prices hit their highest in more than a week Tuesday, a day after posting sharp gains on increased market uncertainty due to conflict in the Middle East, as dovish remarks from top U.S. Federal Reserve officials weighed on the dollar and bond yields.

Hamas' assault on Israel drove oil prices higher on Monday as markets priced in fears of a wider conflict in the Middle East, a day after Israel pounded the Palestinian enclave of Gaza in retaliation for one of the bloodiest attacks in its history.

Negotiators for the SAG-AFTRA actors' union and the Alliance of Motion Picture and Television Producers (AMPTP) met on Monday, the parties said in a joint statement.

Chile's Codelco, the world's largest copper producer, is reassessing the costs of upgrades to extend the life of its mines, its chairman said on Friday, given cost overruns at El Teniente and Chuquicamata.