KEY POINTS:
Analyst says gold to drift back to $2,355 if dollar keeps upward momentum
Fed minutes reflected discussion of possiblefurtherhikes
Price rise likely to temper discretionary gold buying - ANZ
Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting indicated that some officials were inclined to raise interest rates.
Spot gold
GOLD
fell 0.6% at $2,365.49 per ounce, as of 0638 GMT. Bullion hit a record high of $2,449.89 on Monday.
U.S. gold futures
GOLD
were down 1.1% at $2,367.60.
Analyst says gold to drift back to $2,355 if dollar keeps upward momentum
Fed minutes reflected discussion of possiblefurtherhikes
Price rise likely to temper discretionary gold buying - ANZ
Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting indicated that some officials were inclined to raise interest rates.
Spot gold
GOLD
fell 0.6% at $2,365.49 per ounce, as of 0638 GMT. Bullion hit a record high of $2,449.89 on Monday.
U.S. gold futures
GOLD
were down 1.1% at $2,367.60.