Gold remained flat as investors evaluated hawkish messages in Fed minutes and awaited nonfarm payrolls data to be released on Friday.
Gold was flat as investors evaluated the hawkish signals from the Fed’s latest meeting minutes.
Spot gold is trading at $1,921 an ounce.
The minutes of the Fed’s June 13-14 meeting, released Wednesday, showed division among members over the decision to pause rate hikes as policymakers move on to further tightening this month.
US bond yields rose after the announcement, putting downward pressure on the non-interest-bearing precious metal.
Investors will be watching the upcoming balance sheet season and nonfarm payrolls data released Friday for more information on the health of the economy for the upcoming period.