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Last week, spot gold prices rose by 1.8 percent to close at $1337.2 per ounce after the U.S. Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week.The Fed stayed pat on rates but indicated it could still tighten monetary policy in the world's biggest economy by the end of the year.Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.69 percent to 950.92 tonnes last week. On the MCX, gold prices rose by 1.2 percent to close at Rs.31281 per 10 gms.
