On the Comex division of the New York Mercantile Exchange fell Gold December delivery, the lowest price during the day by $ 1.081.50 per ounce before trading at $ 1.084.00 per ounce during European morning trade, down by 9.30 cents, or the equivalent of 0.85%.
A day earlier, gold fell 3.40 cents, or the equivalent of 0.31%, to close at $ 1.093.30 per ounce, the lowest price in five and a half years of $ 1.072.30 per ounce in July 24 / July
Also on the COMEX silver September delivery fell 13.3 cents, or the equivalent of 0.9%, to trade at $ 14.61 an ounce.
The dollar index, which measures the strength of the dollar against a basket of six major currencies, was up 0.26% to hit 97.48 early on Thursday, up from 97.08 before the close of trade on Wednesday.
Usually Maaather high US dollar on gold, because it dampens the metal attractive as an alternative asset and makes dollar-denominated commodities more expensive for holders of other currencies.
The dollar rose after the Fed described the economy to expand by a moderate while raising its forecast for employment and housing markets.
The Central Bank has provided clear evidence about the timing of the next interest rate raise, but left room for it in early September, due to strong gains in the labor market and the significant improvement "in the housing sector.
During the later of the day the United States will publish figures on the growth data for the second quarter later in the day, which is expected to show that the economy rebounded 2.6%, after shrinking by 0.2% in the first quarter after a harsh winter unusually.
Gold and exposure to heavy selling pressure in recent months amid speculation that the Federal Reserve may raise interest rates for the first time in nine years at the earliest in September / September
And affect expectations for higher borrowing rates for gold and lead to its decline, as the precious metal is struggling to compete with higher-yielding assets when the price goes up.
Elsewhere in the metals trade, copper September delivery fell 1.0%, or the equivalent of 0.4%, to trade at $ 2.398 a pound during morning trade in London, prices fell to the lowest rate in six years by $ 2.336 a pound on Monday