<|begin_of_text|><|begin_of_text|><|begin_of_text|>The Fed raised interest rates for the third time this year on Wednesday.
Spot palladium rose 0.9 percent to $1,075.98 an ounce, a fresh eight-month high.
Gold prices edged higher on Thursday as investors largely<wm> kept steady after the US central bank's rate hike, driven largely by market expectations of the next move from a key inflation gauge.
In the US market for metals, the gold ETF holdings of the gold miners, the SPDR Gold Shares ETF (PG.4 were down 0.2 percent.
Gold has risen by roughly 14 percent for a bull bull year after the announcement that US Treasury auctions 100 million ounces of the gold reserves. Rising demand for a bull case was driven by strong central</wm> banks cutting rates and fiscal policy and expectations of a tight monetary policy tightening as the US interest rates rise