Gold was trading at $1262 an ounce on the spot market at the time of writing, about $13/oz lower than this time on Wednesday.
In Toronto, the S and P/TSX Composite Index metals and mining sector had closed down 0.52% yesterday, with the gold subset down 0.65%.
Dual-listed OceanaGold Corp was among a handful there to close higher, up 1.12% yesterday after lifting guidance.
London's metals and mining sector on the FTSE100 regained a little further ground yesterday, closing up 0.18%.
Base metals on the London Metal Exchange were lower on Wednesday, except nickel which rose more than 2.2% to near the US$15,000/t mark - and tin which was up around 1.4%.
Overnight, the gold price was fixed at $1265.43.
The WTI crude oil price was slightly up overnight at $65.82 per barrel.
In softer commodities, cocoa decreased $59 per tonne or 2.3% to $2509/t yesterday from the $2568 in the previous trading session, tradingeconomics.com reported. Historically, cocoa reached an all-time high of $4361.58/t in July of 1977 and a record low of $211/t in July of 1965.
Coffee decreased 1.05c per pound or 0.92% to 112.60c/lb yesterday from 113.65c/lb in the previous trading session, tradingeconomics.com reported. Historically, coffee reached an all-time high of 339.86c/lb in April of 1977 and a record low of 42.50c/lb in October of 2001.