Gold fell as investors encouraged to take profits after the dollar rose and after the stock plunged the yellow metal to a three-month high in the previous session.
At 1746 GMT, the spot price of gold was down 0.1 percent at $ 1228.75 an ounce. On Tuesday, it hit its highest level since mid-July at $ 1239.68.
US gold futures fell 0.3 percent to $ 1232.80 an ounce.
Among other precious metals, palladium fell 1.2 percent to $ 1126.60 an ounce after hitting an all-time high of $ 1150.50 during the previous session.
Silver fell 0.3 percent to $ 14.68 an ounce, while platinum fell 0.4 percent to $ 826.99 an ounce.
