Gold declined to $1,078.50 (-0.47%) as expectations of an imminent interest rate hike in the U.S. outweighed the influence of attacks in Paris. Investors are waiting for FOMC meeting minutes to assess probability of a liftoff in rates in December.

On Monday French President Francois Hollande called on the U.S. and Russia to unite to fight ISIS following the attacks across Paris, and announced a set of measures to defeat terrorism in France.

Demand in top consumers China and India remained weak amid signs of weakness in the countries' economies.