Spot gold was little changed at $1,182.83 an ounce by 0638 GMT, after losing 0.3 percent on Monday. Greece calmed immediate fears of a default on Monday by making a crucial 750 million euro ($837 million) payment to the International Monetary Fund a day early. Euro zone finance ministers welcomed some progress in slow-moving talks on a cash-for-reform deal between Athens and the IMF, the European Commission and the European Central Bank, but said more work was needed to reach a deal.