Gold extended gains to a second straight session on Thursday as minutes of the Federal Reserve's meeting showed US central bank officials were cautious about raising interest rates too soon, hurting the dollar. Spot gold rose 0.1 percent to $1,214.10 an ounce by 0716 GMT. The metal closed up 0.3 percent on Wednesday, after dropping to a six-week low of $1,197.56 earlier in the session. "Bullion's move up after the FOMC minutes may be attributed to an easing of investors' rate hike concerns," said HSBC analyst James Steel, referring to the Fed's Federal Open Market Committee.
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