Gold prices fell on Thursday as investors booked profits after a sustained rally in the yellow metal and pressured institutional investors to raise cash, while focus turned to U.S. economic data for clues on the Federal Reserve's path on interest rates.
Spot gold fell 0.1 percent to $2,313.44 per ounce by 0443 GMT, its fourth straight session of declines.
US gold futures also fell 0.3 percent to $2,326.10 an ounce.
Edward Meer, an analyst at Marks, said profit-taking was a wave of gains in gold after a series of gains and a easing of tensions in the Middle East led to a general decline in prices.
The yellow metal has fallen more than $100 since hitting a record high of $2,431.29 on April 12 and is down 3 percent so far this week.
The Federal Reserve's interest rate-setting committee is scheduled to meet on April 30 and May 1. Before that, first-quarter GDP data is due later on Thursday and the March personal consumption expenditures price index is due on Friday.
As for other precious metals prices, silver fell in spot transactions by 0.3 percent to $27.09 per ounce, platinum fell in spot transactions by 0.1 percent to $901.60, and palladium fell by 1 percent to $991.
