The most active gold contract for June delivery went up 1.20 U.S. dollars, or 0.09 percent, to settle at 1,295.40 U.S. dollars per ounce.
As stock market bulls take a breather, investors switched to the gold market for higher profits.
U.S. stocks ended mixed on Tuesday. The Dow was down 0.30 percent to 26,179.13, the S&P 500 was up 0.0017 percent to 2,867.24, and the Nasdaq rose 0.25 percent to 7,848.69.
When equities post gains, the precious metal usually goes down, as investors are not necessarily looking for a safe haven, such as gold.
As for other precious metals, silver for May delivery was down 3.80 cents, or 0.25 percent, to close at 15.061 dollars per ounce. Platinum for July delivery was down 2.80 dollars, or 0.33 percent, to settle at 852.50 dollars per ounce. Enditem
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