Gold near 8-month high as dovish Fed minutes weigh on dollar, yields

Gold prices held ground on Thursday near an eight-month high touched earlier this week, as the U.S. dollar and Treasury yields dipped after Federal Reserve minutes showed a less hawkish-than-feared stance.

Spot gold was flat at $1,868.09 per ounce, as of 0331 GMT, hovering near its June high of $1,879.48 hit on Tuesday.

U.S. gold futures were down 0.1% at $1,870.30.

"Gold has been range-bound between $1,845 and $1,880, and should remain here until either geopolitical tensions have eased a little, or the Fed commits to show that they are really still looking to remove liquidity and raise interest rates faster," said Brian