MCX Gold slid to a three -week low on Wednesday before recovering on bargain hunting , but the precious metal lost its safe-haven appeal for investors in hopes a U.S. A military strike against Syria could be averted .Syria has accepted a Russian proposal to give up chemical weapons , but U.S. President Barack Obama said it was too early to say whether the initiative would have success , vowed to keep troops at the ready to strike if diplomacy fails .
Gold , which has fallen more than 18 percent this year , will decide to rejuvenate also by the expectations the U.S. The central bank will hurt its monetary policy stimulus program after the Fed�s Open Market meeting on September 17 to 18 .
Spot gold hit a low of $ 1,356.85 an ounce, its weakest since August 22, and was stable at $ 1,364.01 by 0343 GMT . The Fed�s quantitative easing three systems have the prices of gold and other raw materials boost.
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