Gold fell for a third day on Wednesday as investors switched to equities after the US Federal Reserve vowed to keep interest rates low until 2014, while platinum prices held at premiums to bullion on lingering worries about supply disruption. Gold hit an intraday high at $1,681.95 before slipping to $1,671.19 an ounce by 0644 GMT, down $3.56. On Tuesday, it hit a low of $1,661.99, its weakest since late January.
Bullion rose to a record of around $1,920 in September on fears the euro debt crisis could stall global growth. Platinum rose $4.31 an ounce to $1,685.74 an ounce, having hit an intraday high $1,701.5