Gold prices slipped due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession.
Pressure also seen after a move by China's central bank to change the way a key interest rate benchmark is set, which is seen reducing borrowing costs for companies.
Investors are now awaiting the U.S. Federal Reserve's Jackson Hole symposium this week to get greater clarity on the future path of interest rates.
Hedge funds and money managers trimmed their bullish stance in COMEX gold in the week to Aug. 13, the U.S. CFTC said.
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