Gold, which is considered a safe investment, posted its steepest weekly drop in more than three years last week.

Global stock indexes edged lower on Wednesday as a disappointing forecast from Advanced Micro Devices weighed on chipmakers

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22% in early trade, tracking a decline in Chinese assets

Gold hit a record high of $2,758.37 last Wednesday

Global stocks edged lower on Wednesday amid tepid trading ahead of the U.S. election