The 23-year-old has been sidelined since Spurs' 3-0 win at Fulham on December 1 but is back in training. Michael Dawson also picked up a hamstring problem at Craven Cottage and has recently rejoined training.
"It's good news," Spurs manager Andre Villas-Boas said in relation to Bale on the club's website.
"First for the player because he wants to be back in the group and he's made a tremendous recovery. He's worked extremely hard.
"Michael was injured in the same game as Gareth and they've both returned to training. It's great to have them back.
"Benoit (Assou-Ekotto) is also recovering his fitness, along with Scott Parker. Scott is a little ahead of Benoit, but he's getting back into shape and back into contention."
