LONDON, Sept 22 (Reuters) - Gold extended gains on Wednesday, rising for a third successive session to hit record highs, swept higher by a wave of buying stemming from the weakness in the dollar and uncertainty over the economic outlook.
By 0922 GMT spot gold was quoted at $1,294.40 an ounce, up from $1,285.90 late in New York on Tuesday, while U.S. gold futures for December delivery hit life-of-contract highs at $1,295.80 an ounce and were last up $21 an ounce at $1,295.30.
The U.S. Federal Reserve indicated after a policy meeting on Tuesday that it may inject fresh cash into the financial system to prop up growth, which in turn undermined the dollar and revived concern about the outlook for the world's largest economy.
