Gold futures rose $5.70 before the Fed published minutes of its meeting.

Comex gold futures contract Delivered in Dec. increased $5.70 to close at $1,745.60/oz.

while minutes of the Fed meeting Indicates that a large majority of the Monetary Policy Committee Agreed that interest rate hikes should be delayed.

Since the last Fed meeting on Nov. 1-2, investors are increasingly optimistic. that inflation has begun to subside which the Fed may raise interest rates only slightly