Gold Prices Remained Steady As Investors Waited For Clues On The Pace Of Future Interest

Gold prices remained steady as investors waited for clues on the pace of future interest rate hikes by the U.S. Federal Reserve when its policy meeting. 

The Federal Reserve forecast two more U.S. rate increases this year after raising rates, although lingering worries over trade tensions between Washington and Beijing prevented steeper losses. 

The Federal Reserve raised interest rates, a move that was widely expected but still marked a milestone in the U.S. central bank's shift from policies used to battle the 2007-2009 financial crisis and recession.

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