2017.02.2801:10:00UTC+00Gold stable after slumping in previous session

Gold steadied Tuesday following it plunged from a 3-1/2-month in the last session and as investors anticipate US President Donald Trump's address to legislators to search clues about his plans.

Spot gold was at $1,252.90 an ounce, while US gold futures stood at $1,253.80, down 0.4%. The yellow metal traded at $1,263.70, its highest since November 11.

Investors seek to analyze the Trump administration's policies he speaks to a joint Congress session Tuesday. The US president previously said he sought to bolster defense spending, but slash spending on other areas including foreign aid.

Platinum traded at $1,031 an ounce, while spot silver stood at $18.31 per ounce.