Gold prices rose for a second consecutive session after the Federal Reserve signaled

As expected, the Fed did not make any changes in interest rates on Wednesday. Its latest policy statement has retained key elements of its economic assessment and policy guidance, framing its discussion of interest rates around the conditions under which borrowing costs can be reduced.

Spot gold was 0.3% firmer at $2,325.02 an ounce by 0218 GMT, after rising more than 1% in the previous session.

Gold prices rose for a second consecutive session on Thursday after the Federal Reserve signaled it was still leaning toward a final rate cut, while investors turned their attention to US non-farm payrolls data.

US gold futures rose 1% to $2,334.40.

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