Gold Prices Gained As The Dollar Weakened After The U.S. Federal Reserve

Gold trading range for the day is 32789-33371.

Gold prices gained as the dollar weakened after the U.S. Federal Reserve paused its monetary tightening cycle.

The Fed held U.S. interest rates steady but said it would be patient in lifting borrowing costs further this year as it pointed to rising uncertainty about the economic outlook.

China's 2018 gold consumption rose by 5.73 percent year-on- year to 1,151.43 tonnes.

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