Spot gold had ticked up 0.4 percent to USD 1,121.30 an ounce by 0036 GMT, after sliding over 4 percent in the last five sessions.
The metal slumped to USD 1,114.10 on Tuesday, the lowest since Oct 2 US gold futures also slid to a one-month low of USD 1,113.60 in the previous session.
Bullion has been under pressure since the Federal Reserve last week hinted at a rate hike in December, reversing earlier market expectations that the first US rate increase in nearly a decade could be delayed to next year on global growth concerns.
Gold tends to benefit from very low rates as a non-interest-paying asset.

Strength in the dollar and equities were also dragging on gold. Asian shares rose on Wednesday, taking early cues from overnight Wall Street gains, while sharper risk appetite from investors lifted US debt yields and supported the dollar.
Soft economic data on Tuesday failed to lift gold. New orders for US factory goods fell for a second straight month in September as the manufacturing sector continues to struggle under the weight of a strong dollar and deep spending cuts by energy companies.
All eyes will be on the US nonfarm payrolls report due on Friday, while the ADP employment report and ISM report on services sector sentiment due later on Wednesday could also be market movers.



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