Having posted gains for two consecutive sessions, gold rose 0.4 percent to $1,254.76 per ounce at 10:47 a.m. EST (1547 GMT). The metal earlier hit $1,258.03, its highest since July 10.
Adding to gold's appeal was a weaker dollar, with the US unit pressured by bets that the Fed would hint at plans to rein in interest rate hikes for 2019/2020.
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