Gold Prices recovered on Wednesday morning after they hit their lowest level in 4 weeks in the previous session.

Spot gold was at $1,293.33 per ounce, up from $1,284.76 in the previous session.

The U.S. gold future was at $1,297.70 per ounce.

Meanwhile, the American dollar weakened 0.2 percent against the rival currencies, making the precious metal cheaper for those holding other currencies.

Source: Reuters