Gold prices nudged higher, reversing some of its previous session losses as investors turned cautious ahead of the release of U.S. Federal Reserve minutes later this week.
Spot gold was trading 0.3 percent higher at $1,950.03 per ounce by 0649 GMT, having hit a low of $1862.89 on Wednesday, its lowest since July 22. Last week gold fell 4.5 percent, in its biggest decline since March as investors reassessed their positions after bullion retreated from a record peak of $2,075.28 scaled on August 7. U.S. gold futures were 0.5 percent higher at $1,960.00.