MTECHTIPS- Gold prices fell in Asia on Friday with a stronger dollar and the rising chances of rate hike weighing on the hedge commodity. Gold for December delivery on the Comex division of the New York Mercantile Exchange fell 0.16% to $1,265.50 a troy ounce. Also on the Comex, silver futures for December delivery dropped 0.46% to $17.468 a troy ounce,while copper futures dipped 0.10% to $2.093 a pound. Overnight, gold prices were trading close to two-week highs on Thursday after the European Central Bank indicated that it would wait until December to discuss tapering its asset purchase program, or the possible horizon at which stimulus might end, aiding dollar strength. ECB President Mario Draghi did indicate that an adjustment to the stimulus program could come in December, saying its assessment would benefit from new economic projections by ECB forecasters. The ECB left interest rates across the euro zone unchanged at record lows of zero on Thursday and kept the deposit facility rate at -0.4%. Meanwhile, traders continued to mull over the prospects for a December rate hike by the Federal Reserve.