By Sherin Elizabeth Varghese (Reuters) -Gold slipped on Tuesday due to an uptick in the dollar, though prices remained near a two-week high on growing expectations of a U.S. rate cut in September. Spot gold was down 0.

Developments in the U.S. may continue to sway gold as signs of a slowing economy put pressure on the Fed to cut interest rates, said David Song, strategist at Forex.com.

Gold futures rise, holding higher levels after surging Friday on weak U.S. jobs data and trade tariffs. Futures are up 0.2% at $3,407.0 a troy ounce. The precious metal posted its biggest gain in two months on Friday after the release of U.