Gold edged down on Thursday, holding near a one-month low hit in the previous session, pressured by a slightly stronger dollar as investors await a policy meeting of the European Central Bank for fresh clues to its stance. The decline in gold prices has attracted some physical buyers in Asia, underpinning market sentiment. Spot gold edged down 0.3 percent to $1,687.74 an ounce by 0649 GMT, near a one-month low of $1,684.40 hit in the previous session. US gold lost 0.4 percent to $1,687.10.

Copyright Reuters, 2012