Gold falls

Bengaluru : Gold prices fell for a third straight session on Tuesday as the dollar rebounded from over three-year lows hit last week, while investors waited for the minutes of the latest Federal Reserve meeting for clues on the outlook for U.S. interest rates.

Spot gold was down 0.4 percent at $1,341.20 an ounce at 0340 GMT.

Earlier, it fell to as low as $1,340.16, the lowest since Feb. 14. U.S. gold futures were down 1 percent at $1,342.90 per ounce, posting its biggest one-day fall in nearly two weeks.

The dollar index , which measures the greenback against a basket of six currencies, was up 0.3 percent at 89.397. It fell to 88.253 last week, the lowest since December 2014. The U.S. currency showed signs of a bounce-back as some investors bought in after last week´s declines, though the gains on Tuesday were capped by growing concerns that a rising fiscal deficit in the United States could disrupt the economy.