Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday, as a technical rebound pushes gold price higher.

The most active gold contract for June delivery added 3.3 dollars, or 0.26 percent, to settle at 1,256.4 dollars per ounce.

Traders tend to buy low after gold suffered back-to-back losses, analysts said. Gold prices ended lower for a second-straight session Wednesday, pressured by the view toward monetary policy.

Minutes from the Fed released Wednesday appeared to show that the majority of the central bank's officials remain resolute about hiking rates at their meeting in June. Financial markets are currently pricing in an 83 percent probability of a rate rise, according to Fed Watch tool.

Strength in the U.S. dollar prevented the precious metal from rising further as the U.S. Dollar Index was up 0.12 percent as of 1830 GMT.

The index is a measure of the dollar against a basket of other major currencies. Gold and the dollar typically move in opposite directions, which means if the dollar goes up, gold futures will fall.

As for other precious metals, silver for July delivery rose 7.6 cents, or 0.44 percent, to close at 17.193 dollars per ounce. Platinum for July delivery went up 5.6 dollars, or 0.59 percent, to settle at 952.9 dollars per ounce.