Gold advanced to $1,076.10 (+0.69%) as the dollar slid making the metal more affordable for buyers using other currencies.

The minutes of the latest Fed meeting signaled that the central bank left a rate hike in December on the table. Some analysts say that the start of the interest rate normalization in the U.S. will result in a relative weakness of the dollar as the cost of doing business will also grow persuading investors to search for alternatives and gold's appeal as a safe-haven from inflation will improve.