Today;some changes observed in Gold as hawkish comments from US Federal Reserve officials lifted bets on a rate climb this year and traders anticipate minutes of the last Fed policy meeting for more clues.

Here are some fundamentals:

• The Fed is increasing hopes for an interest rate rise this year, even as early as next month, after two policymakers on Tuesday said the economic stars now appear to be aligning despite weak US economic growth in the first half of 2016.
• Spot gold was nearly flat at USD 1,345.80 an ounce at 0104 GMT. The metal rose 0.5 % on Tuesday.
• US gold fall 0.4 % to USD 1,351.90 an ounce.
• On Monday; traders saw a 55 % chance for the Fed to raise rates in December, up from 42 %.
• New York Fed President William Dudley said, “a rate hike in September was possible, while Atlanta Fed President Dennis Lockhart said the US economy is likely strong enough for at least one rate increase before the end of 2016, with two a possibility”
• US consumer prices were unchanged in July as the cost of gasoline fell for the first time in five months and underlying inflation moderated, while US housing starts unexpectedly climbed and industrial production rose more than forecast in the same month.
• The dollar edged away from 7-week lows against the yen and euro on Wednesday following hawkish comments from the Fed officials.
• Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.19 % to 962.23 tonnes on Tuesday.