Gold declined to $1,146.80 (-0.61%) from a one-month high after Fed Chair Yellen said a rate hike before the end of 2015 is likely. Investors also took profits after yesterday's 2% jump.
SPDR Gold Trust holdings rose 3.87 tonnes to 680.27 tonnes on Thursday.
According to International Monetary Fund data, Russia and Kazakhstan raised their gold holdings for the sixth month in a row in August.