And gold rose in spot transactions 0.6 percent to 1775.26 dollars an ounce in the late trading session in the New York market.
US gold futures rose 0.7 percent to $1,776.20 an ounce.
“The big question that needs to be answered is whether the current market uncertainty will change any potential timeline the Fed may have when it comes to announcing a reduction in its asset purchases,” said Michael Hewson, chief market analyst at CMC Markets UK.
Gold is a hedge against inflation that may result from widespread stimulus and currency depreciation. Higher interest rates increase the cost of holding non-yielding gold.
And the dollar fell from the highest level in a month recorded in the previous session, which makes gold cheaper for those holding other currencies.
Among other precious metals, silver rose 1.24 percent to $22.52 an ounce, platinum jumped five percent to $956.49, while palladium rose 1.1 percent to $1,906.86.
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