Gold advanced to $1,139.00 (+0.98%) after minutes of the Federal Reserve's latest meeting shifted investors' expectations for a rate hike to December from September. The minutes signaled that Fed policymakers were still cautious about the U.S. economy and its readiness to withstand higher rates.

Bullion prices approached a five-week high in Asia trade as probability of a rate hike in the U.S. in September declined releasing some pressure off the non-interest-bearing precious metal.