India, Oct. 14 -- Gold prices were moving lower on Wednesday, extending losses for a third consecutive session as investors assessed the prospect of another Federal Reserve interest-rate increase before the end of the year.

Spot gold dipped 0.4 percent to $4,143.18 an ounce after falling 0.8 percent in the previous two sessions. U.S. gold futures were down 0.3 percent at $4,166 per ounce.

The U.S. dollar languished after falling from an 18-month high in the previous session. Treasury yields inched lower ahead of a closely watched report on U.S. consumer price inflation due later in the day.

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