On Wednesday gold rates edged lower the key $1,500 threshold as investors booked benefits and attention switched to the minutes of the U.S. Fed's July appointment for hints on future borrowing cost slices.
Spot gold tumbled 0.5 percent at $1,498.84 per ounce by 0818 GMT.
U.S. gold futures also dropped 0.5 percent, at $1,508.30.
With gold neglecting to break higher and trailing underneath $1,500 once more, traders are taking benefits, stated Nicholas Frappell from ABC Bullion.
The bullion has added about 6 percent, or $88, so far the current month, to some extent because of expanding worldwide monetary creeps during the extended Sino-U.S. exchange row.
Minutes from the FOMC's latest appointment in July - when the U.S. national bank trimmed rates of interest unprecedentedly since the 2008 economic collapse - are expected on Wednesday.
Meantime, U.S. President stated on Tuesday he needed to stand up to China over exchange regardless of whether it caused short-term damage to the U.S. economy since Beijing had been swindling Washington for quite a long time.
The comments came hours before his legislature reported endorsement of a sale of jet-fighters to Taiwan, a move sure to further aggravate prospects for a fast economic accord.
The greenback equity indicator held near an almost three-week peak against its main rivals, conceivably scratching interest in bullion.
Spot gold may retest a support at $1,497 per ounce, a break beneath which could lead to a decline to $1,480.
Silver tumbled 0.4 percent to $17.05 per ounce, while platinum dropped 0.7 percent to $842.70.
Palladium declined by 0.2 percent to $1,488.28 per ounce.