* Spot gold was down 0.5% at $1,847.50 per ounce, as of 0057 GMT. U.S. gold futures were down 0.4% at $1,850.40.
* Gold prices are down about 2.6% so far this month, their most since September.
* The dollar index rose, making bullion more expensive for buyers holding other currencies.
* Benchmark U.S. 10-year Treasury yields leaped on Tuesday after bond markets in the United States were closed in the previous session for the Memorial Day holiday, lowering the appeal of zero-yield gold.
* The U.S. Federal Reserve should be prepared to raise interest rates by a half percentage point at every meeting from now on until inflation is decisively curbed, Fed Governor Christopher Waller said on Monday, as the central bank battles to bring down high inflation.
* Higher short-term U.S. interest rates raise the opportunity cost of holding bullion.
* Spot silver dipped 0.7% to $21.80 per ounce, and has fallen about 4.1% so far this month.
* Platinum fell 0.8% to $951.31, but is still set for its first monthly gain in three of about 2.1%.
* Palladium eased 0.2% to $2,029.61, and has dipped about 12.6% this month, its most since November.
0130 Australia Building Approvals April
0130 Australia Current Account Balance SA Q1
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0130 China NBS Manufacturing PMI May
0645 France GDP QQ Final Q1
0645 France CPI (EU Norm) Prelim YY May
0755 Germany Unemployment Chg, Rate SA May
0900 EU HICP Flash YY May
0900 EU HICP-X F&E Flash YY May
1400 US Consumer Confidence May