Gold has lost about a fifth of its value this year due to fears the Fed would begin cutting back its $85 billion monthly bond purchases.
Among other precious metals, silver was down 1 percent at $21.43 an ounce. Platinum fell 0.6 percent to $1,439.49 an ounce, while palladium dropped 0.4 percent to $755.47 an ounce.
Copper futures rose for the second straight day as a jump in payrolls boosted economic optimism and prospects for demand in the U.S., the world’s second-biggest user of the metal. Aluminum, lead and nickel dropped in London, while zinc and tin advanced.
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