July 8 (Reuters) - Gold eased on Wednesday to its lowest level in nearly a week, as U.S. strikes on Iran boosted oil prices and the dollar, raising concerns that inflation could keep interest rates higher for longer and weigh on non-yielding bullion.

FUNDAMENTALS

* Spot gold XAU= fell 0.1% to $4,100.32 per ounce by 0107 GMT, after dropping to its lowest since July 2 earlier in the day. U.S. gold futures GCcv1 for August delivery shed 1.1% to $4,112.50.

* The U.S. military unleashed a new wave of strikes against Iran on Tuesday and revoked a licence allowing the country to sell oil after three tankers were hit by projectiles in the Strait of Hormuz, putting pressure on an already fragile ceasefire.

* U.S. oil prices jumped nearly 3% in early trade, extending the previous session's gains, while the U.S. dollar clung to its highest levels of the week against most of its peers. O/R FRX/

* Markets have increased their bets for a September Federal Reserve rate hike to over 67% chance, up from about 57% on Tuesday, the CME FedWatch tool showed. FEDWATCH/

* Investors also awaited minutes of the Federal Open Market Committee's June 16-17 meeting, due later on Wednesday, for fresh clues on the interest rate path under new Fed Chair Kevin Warsh.

* While gold is seen as an inflation hedge, high interest rates tend to weigh on the non-yielding asset.

* U.S. consumers grew more concerned about near-term inflation pressures in June, a New York Fed report showed on Tuesday.

* China's central bank reported its biggest monthly increase in gold reserves in more than two-and-a-half years in June, official data showed on Tuesday, although bullion prices tumbled.

* Beijing and Hong Kong authorities unveiled a range of measures to bolster currency, bond and gold trading in Hong Kong.

* Hong Kong launched a central clearing system for gold on Tuesday and revived dollar gold futures trading. It is also looking at introducing yuan-denominated gold futures as it seeks to become a regional reserve hub for the precious metal.

* Elsewhere, spot silver XAG= fell 0.3% to $59.82 per ounce, platinum XPT= slipped 1.2% to $1,620.38 and palladium XPD= dropped 1.6% to $1,256.25.