Singapore, September 29 (QNA) - Gold steadied on Tuesday but hovered at a more than seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer, while investors awaited a slew of US economic data.

Spot gold was little changed at $4,124.57 per ounce, after hitting its lowest level since August 5 in the previous session.

US gold futures fell 0.3% to $4,156.70.

Among other metals, spot silver fell 0.6% to $60.62, platinum slipped 1% at $1,699.86 and palladium lost 0.5% to $1,209.08. (QNA)