Gold futures settled lower on Wednesday, while spot prices held steady and were supported by a drop in the dollar and bargain hunting with prices near a one-month low.
In the absence of U.S. economic data, bullion investors awaited comments from Fed policymakers, including Chairman Ben Bernanke, due to speak at 7:00 p.m. EST (0000 GMT), for clues on the longevity of the Fed's stimulus.
Bernanke's speech comes on the heels of divergent remarks by several other Fed officials.
Minneapolis Fed Bank President Narayana Kocherlakota said Tuesday monetary policy should remain accommodative, but Atlanta Fed President Dennis Lockhart did not rule out a decision to taper the bond-buying stimulus at the December policy meeting, though he also said the Fed should keep policy very easy.
The precious metal fell 1 percent in the previous session, and lost nearly 4 percent in the past four days.