Aug 20 (Reuters) - Gold prices held above the $2,500

mark on Tuesday, buoyed by a weaker U.S. dollar and Treasury

yields, while traders awaited minutes of the Federal Reserve's

last policy meeting for further cues on interest rate cuts.

FUNDAMENTALS

* Spot gold edged 0.1% higher to $2,505.92 per ounce

by 0038 GMT. Prices had hit an all-time high of $2,509.65 on

Friday.

* U.S. gold futures rose 0.1% to $2,543.90.

* The U.S. dollar fell to a seven-month low in the previous

session, making gold more appealing for the overseas buyers.

Benchmark 10-year Treasury yields also slipped.

* The Fed is expected to cut rates by 25 basis points at

each of the three remaining 2024 meetings, with a slim majority

of Reuters-polled economists dismissing recession concerns.

* Traders are currently pricing in about a 75.5% chance of a

25 bps cut, according to CME FedWatch tool. A low interest rate

environment tends to boost non-yielding bullion's appeal.

* Minneapolis Fed President Neel Kashkari said it was

appropriate to discuss potentially cutting U.S. rates in

September because of the rising possibility of a weakening labor

market, the Wall Street Journal reported on Monday.

* The market is now looking ahead to the minutes of the

Fed's July policy meeting due on Wednesday, and Chair Jerome

Powell's speech on the U.S. economic outlook this Friday at the

Jackson Hole symposium for further cues.

* On the geopolitical front, U.S. Secretary of State Antony

Blinken on Monday said the latest diplomatic push by Washington

to achieve a ceasefire deal in Gaza was "probably the best,

maybe the last opportunity" and implored all stakeholders to get

the agreement over the finish line.

* Spot silver fell 0.3% to $29.39 per ounce, platinum

gained 0.3% to $956.41 and palladium shed 0.2% to

$930.25.

DATA/EVENTS (GMT)

0100 China Loan Prime Rate 1Y August

0100 China Loan Prime Rate 5Y August

0900 EU HICP Final MM July

0900 EU HICP Final YY July