Gold prices fell 1% as dollar and US Treasury yields increased.
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Gold fell in spot transactions by 0.8%.
Gold prices fell 1% on Thursday as the dollar rebounded as recent comments from US Federal Reserve officials pointed to continued tightening of monetary policy to tame inflation.
By 18:50 GMT, spot gold was down 0.8% to $1,760.43 an ounce, after falling to $1,753.6 earlier in the session.
US gold futures for delivery in December were also down 0.7% at settlement time to $1,763 an ounce.
The dollar index rose 0.3%, making gold more expensive for holders of other currencies, and 10-year US Treasury yields also increased.
Investors await the US central bank’s decision to raise interest rates in December.
Rising interest rates affect the appetite for the non-interest bearing precious metal.
Gold hit a 3-month high at $1,786.35 on Tuesday amid fears of an escalation of the Ukraine crisis, but prices have since eased as tensions eased.
As for other precious metals, silver fell 2.5% to $20.93 an ounce. Platinum fell 2.5% to $980.61 an ounce and palladium fell 3.2% to $2006.07 an ounce.
