Gold prices settled higher Thursday for a second straight session at their highest level in more than two weeks. The U.S. Federal Reserve raised its benchmark interest rate by a quarter-percentage point on Wednesday, as expected, and stuck to its forecast for three rate increases this year. Prices for the metal, however, briefly pared some of their earlier gains as a benchmark dollar index found modest support after President Donald Trump signed tariffs against China. April gold rose $5.90, or 0.5%, to settle at $1,327.40 an ounce-the highest finish since March 7, according to FactSet data.
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