Gold prices ended sharply higher Wednesday, getting a boost as the U.S. dollar weakened, with the ICE U.S. Dollar Index trading near the session’s lows as gold trading settled. Prices for the metal then held ground near their settlement level after minutes from the Federal Open Market Committee’s meeting earlier this month showed the central bank viewed a near-term increase in interest rates as likely. Officials, however, also expressed more alarm about persistently low inflation, a sign that the bank may not be as aggressive in 2018 as previously expected. In electronic trading, December gold was at $1,292 an ounce, after settling with a gain of $10.50, or 0.8%, at $1,292.20 an ounce.
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