PRECIOUS-Gold off 11-week highs after Fed signals more rate hikes
April 11, 2018 at 21:29 PM EDT
BENGALURU, April 12 (Reuters) - Gold prices eased off multi-week highs on Thursday as minutes from the Federal Reserves's last policy meeting raised expectations for a faster pace of U.S. rate hikes. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,351.48 an ounce as of 0111 GMT and U.S. gold futures fell 0.4 percent to $1,355 an ounce. * Gold on Wednesday rose to $1,365.23 per ounce, its highest since Jan. 25, buoyed by escalating tensions in Syria, U.S.
