Australian shares are poised to rise on Tuesday, following a surge in gold to record highs amid US-Venezuela tensions, expectations of a new Fed chair, and continued safe-haven buying.

Overnight, the Nasdaq Composite and the Dow Jones Industrial Average each rose 0.5%, while the S&P 500 gained 0.6%.

In the macroeconomy, the Reserve Bank of Australia's December meeting minutes are due at 11:30 am Sydney time.

In corporate news, Goodman Group (ASX:GMG) has teamed up with Canada Pension Plan Investment Board (CPP Investments) to establish a AU$14 billion partnership aimed at developing a portfolio of high-capacity data centers in Frankfurt, Amsterdam, and Paris, according to a Tuesday filing with the Australian bourse.

Ramsay Health Care (ASX:RHC) agreed to acquire the National Capital Private Hospital in Canberra from certain Healthscope Group entities for AU$251 million, according to a Tuesday filing with the Australian bourse.

Australia's benchmark index rose 0.9% or 78.5 points to close at 8,699.90 on Monday.