India, Aug. 21 -- Gold prices traded lower on Thursday as investors reacted to hawkish Fed minutes and watched the latest developments on Ukraine peace talks.
The dollar was slightly higher, making bullion more expensive for overseas buyers.Spot gold dipped 0.3 percent to $3,339.19 per ounce in European trade while U.S. gold futures were down 0.2 percent at $3,382.47.
The U.S. dollar edged up after minutes of the July Fed meeting suggested divisions over inflation.
According to the Fed minutes, attendees of the late July meeting found that risks surrounding U.S. inflation outweighed those to employment, underscoring a central bank divide over the effects of President Trump's tariffs.
Meanwhile, after President Donald Trump called for Fe...