CHICAGO, Sept. 11 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange on Wednesday went down slightly for the second session as the meeting the Federal Open Market Committee, a policy setting arm of the U.S. Federal Reserve, draws near.
The most active gold contract for December delivery dropped 0.2 dollars, or 0.01 percent, to settle at 1,363.8 dollars per ounce.
The next clue to the Federal Reserve's next move regarding monetary policy will be the jobless claims data to be released Thursday. The market widely expects a scale-down of bond purchases by the Fed at its FOMC meeting to be held next week.
The decrease in the likelihood of a U.S. military strike against Syria, and the rise of U.S. equities, boosted by investors ' risk appetite contributed to falling gold prices.
Nevertheless, pending debt ceiling limited the fall in gold prices. And the problem will keep looming over the gold market until it is finally resolved at the end of October.
Goldman Sachs put its 12-month price forecast for gold at 1,175 dollars an ounce.
Silver for December delivery rose 15.6 cents, or 0.68 percent, to close at 23.172 dollars per ounce. Platinum for October delivery slipped 0.6 dollar, or 0.04 percent, to close at 1,473.5 dollars per ounce.