By Ashitha Shivaprasad and Anjana Anil (Reuters) - Gold prices fell nearly 1% on Wednesday, retreating from a record high scaled earlier in the session, as market participants parsed remarks from Federal Reserve Chair Jerome Powell. Spot gold was down 0.9% at $3,658.25 per ounce, as of 3:11 pm EDT (1911 GMT), after hitting a record high of$3,707.40. Prices have risen nearly 6% so far this month. U.S. gold futures for December delivery settled 0.2% lower at $3,717.8. The Fed cut interest rates by a qua ...