Gold prices inched lower on Thursday, as market participants took profits after a recent rally and held back from placing massive bets ahead of U.S. economic data that could clarify the Federal Reserve's interest rate outlook.
Spot gold was down 0.2% at $3,389.73 per ounce, as of 0538 GMT. Earlier in the session, bullion touched its highest point since August 11.
U.S. gold futures for December delivery eased 0.1% to $3,445.20.
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