Gold prices settled higher Wednesday after a late-session turn to gains amid the disbanding of two White House business advisory groups. Several chief executives have announced their departure from an advisory forum following President Donald Trump’s remarks about the violence at a white-supremacist rally in Charlottesville, Va. December gold rose $3.20, or 0.3%, to settle at $1,282.90 an ounce. Minutes from the U.S. Federal Reserve’s July meeting late Wednesday hinted that officials may wait until the September meeting to unveil a selloff of the central bank’s $4.5 trillion in bond holdings. Gold prices edged up from the settlement after the minutes to $1,284.30 in electronic trading.
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