Bengaluru — Gold prices fell for a third straight session on Tuesday as the dollar rebounded from three-year lows hit last week. Investors are waiting for the minutes of the latest Federal Reserve meeting for clues on the outlook for US interest rates. Spot gold was down 0.4% at $1,341.20 an ounce at 3.40am GMT. Earlier, it fell to as low as $1,340.16, the lowest since February 14. US gold futures were down 1% at $1,342.90 per ounce, posting its biggest one-day fall in nearly two weeks. The dollar index, which measures the greenback against a basket of six currencies, was up 0.3% at 89.397. It fell to 88.253 last week, the lowest since December 2014. The US currency showed signs of a bounce-back as some investors bought in after last week’s declines, though the gains on Tuesday were capped by growing concern that a rising fiscal deficit in the US could disrupt the economy. The minutes of the January Fed meeting would provide key guidance for the dollar and gold, said Helen Lau, an a...
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