A recap of gold moves on Wednesday via ANZ:
- gold struggled to find a bid amid the weak economic backdrop
- was under pressure from the opening of the session as the USD gained
- pared some of those losses after Federal Reserve minutes showed little appetite for more aggressive rate hikes. Fed officials agreed the bank needed to tighten in half-point steps over the next couple of meetings.
More on the Fed minutes from Greg, here:
Gold update:
