Gold edged higher on Thursday in response to a lower dollar and also uncertainty about the outcome of a tight U.S. presidential race.
This helped the dollar to recover from multi-week lows, although it remained 0.1 percent lower against a basket of six main currencies.
"Risk-off sentiment has helped gold above $1,300 yesterday ... and as long as uncertainty around the outcome of U.S. elections continues, we can see support," Saxo Bank head of research Ole Hansen said.
Spot gold were up 0.32 percent to $1,300.75 an ounce at 2:58 pm EDT. It touched a one-month high of $1,307.76 in the previous session, before retreating as Federal Reserve signaled it could raise interest rates next month.
The Fed kept rates unchanged on Wednesday, but said the economy had gathered steam and job gains remained solid.
Policymakers also expressed more optimism that inflation was moving toward their 2 percent target.
U.S. gold futures settled at $1,300.30 per ounce.