Gold fluctuated as investors tracked an escalation of risk in the Middle East and digested weak US economic data.

China is "deeply worried" about Israel's military operation against Iran that has escalated tensions in the Middle East, President Xi Jinping said on Tuesday, in his first public comments on the conflict that erupted last Friday.

A rare daytime missile barrage on Tel Aviv forces millions into shelters as Israeli forces retaliate against Iran's missile-launching capabilities.

A resolution by Senator Tim Kaine of Virginia would require congressional approval before U.S. troops could engage in hostilities against Iran. He said Americans don’t want another “forever war.”

G7 leaders on Monday called for "de-escalation" in the Middle East starting with the Israel-Iran conflict, as US President Donald Trump hastily left the group's summit.Trump, who was making his return to the international diplomatic calendar,

President Xi Jinping expressed deep concern on Tuesday over Israel's military actions against Iran, urging all parties to make efforts to de-escalate the conflict as soon as possible and avoid further fueling of tensions.

G7 leaders have called for “de-escalation” in the Middle East, starting with the Israel-Iran conflict, as US President Donald Trump hastily left the group’s summit. Trump, who was making his return to the international diplomatic calendar,

Gamal, former Pentagon Middle East advisor, explains war between Israel and Iran, and what U.S. involvement could look like. El-Gamal served as a Middle East advisor to the United States Department of Defense from 2008-2015,

U.S. stocks finished lower on Tuesday, giving back most gains from the previous session, as investors feared that an escalation of tensions between Israel and Iran could trigger deeper U.S. involvement in the Middle East conflict.

Gold prices steadied on Tuesday as a stronger dollar offset safe-haven demand driven by Iran-Israel tensions, while silver surged to a 13-year high. Spot gold was little changed at $3,385.82 an ounce as of 10:58 am EDT (1458 GMT).