Spot gold steadied at $1,280.20 an ounce by 0228 GMT, after losing 1.1 percent in the past three sessions. U.S. gold futures rose 0.6 percent to $1,282.60.
Gold had jumped to a 15-month top of $1,303.60 on Monday as the dollar slumped against the yen after the Bank of Japan stood pat on policy.
Investor interest in gold remains robust. Assets in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.07 percent to 825.54 tonnes on Wednesday, their highest in over two years.
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