Federal Reserve gathering in July, which indicate the central bank could make a formal decision on scaling back its bond buying program by year-end.
On Tuesday, for example, New Zealand entered a three-day nationwide lockdown in response to the discovery of a single case, and Australia reported it expects cases to rise significantly in the coming weeks.
Bangsund said gold fell Wednesday as interest rates rose in response to the release of the Federal Reserve minutes indicating a formal taper decision may be made before year-end.