Gold dropped on Wednesday after recording another loss yesterday amid higher U.S. Dollar as investors seem to expect the monetary stimulus program kept unchanged in the next few months at least after a two-day policy meeting of the Federal reserve and as China's demand slows. Bullion for settlement in October traded at $1,344.36 an ounce by 12:14 p.m. Singapore time after the yesterday's 0.6% slide to $1,345.05.