Gold fell to its lowest level in six months on Wednesday, with improved investor appetite for high-risk assets before the minutes of the meeting announced for the Federal Open Market Committee later on Wednesday.
The signs prompted an improved outlook for the global economy stocks to their highest levels in several years this week reduced the attractiveness of gold as a safe investment haven.
The price of gold dipped in online transactions to $ 1581.26 an ounce by the time of 1537 GMT. Traders say the yellow metal candidate to further losses after falling for strong technical support level at $ 1,600.
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