Gold fell to a five-month low as data showed a strong US economy, raising the possibility that the Federal Reserve may raise interest rates again this year.
Spot gold rose 0.2% to $1,893.30 per ounce by 0945 GMT, as some traders purchased on the dips, but remained close to its lowest level since March 15 at $1,888.30.
Gold futures in the United States (GCcv1) fell 0.2% to $1,924.40.
The minutes of the Fed’s July meeting, released on Wednesday, revealed policymakers were divided on the necessity for additional rate hikes, with “most” still prioritizing the fight against inflation over economic threats.
