Gold slipped on Wednesday as the dollar held near a one-week high on the back of better-than-expected retail sales data from the United States, while investors waited for direction on interest rates from the U.S. Federal Reserve.
Spot gold fell 0.3% to $1,402.42 per ounce as of 11:31 GMT. Prices were on track for a third straight session of losses as robust U.S. data trimmed expectations of an aggressive interest rate cut by the Fed.
U.S. gold futures for August delivery shed 0.5% to $1,403.80.
Source : Reuters