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Sept 18 - Gold prices gained on Monday, helped by a slight pullback in the dollar as investors awaited a series of key central bank policy meetings this week, with the U.S. Federal Reserve widely expected to hit pause on interest rate hikes.
The U.S. dollar slipped 0.2% against its rivals, making gold less expensive for other currency holders. The Fed's policy decision is due on Wednesday, with traders pricing in a 99% chance of the central bank keeping interest rates steady in the 5.25% to 5.5% range, according to CME's FedWatch Tool. "While the developments in China are worth watching, we currently do not believe that this will change the outlook for the gold market," said Julius Baer analyst Carsten Menke.
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