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Gold steadied early Tuesday along with the dollar, after dropping nearly 2 percent in the previous session, as uncertainty just hours ahead of the U.S. presidential election kept wary investors locked into the safe-haven commodity.

                                FUNDAMENTALS

* Spot gold was up 0.08 % at $1,282.30 an ounce at 0100 GMT. The metal hit a low of $1,277.70 in the previous session.

 * U.S. gold futures were up 0.27 % to $1,282.80 per ounce.

* Uncertainty ahead of Tuesday's U.S. presidential election and a possible U.S. interest rate hike in December have boosted demand for gold and silver in the United States, dealers said.

* The dollar steadied in Asia on Tuesday, keeping gains made in the previous session on the growing prospect of a victory for U.S. Democratic presidential candidate Hillary Clinton after the FBI cleared her of any possibility of criminal charges in its latest probe.