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Aug 21 - Gold prices eased on Wednesday as the dollar halted its slide, while investors looked forward to the minutes from the U.S. Federal Reserve's latest policy meeting later in the day for more cues on interest rate cuts.
"We're just seeing a pause as there is some mild profit-taking pressure by the shorter-term futures traders with the market awaiting the FOMC minutes," said Jim Wycoff, senior analyst at Kitco Metals. Investors are keeping a close eye on the minutes of the Fed's July policy meeting due at 1800 GMT and Fed Chair Jerome Powell's keynote speech at the Jackson Hole symposium on Friday.
"The risk of economic recession plus today's continued geopolitical violence is likely to strengthen investor demand for bullion alongside the record pace of purchases by Asian and other emerging market central banks," said Adrian Ash, director of research at Bullionvault.
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