Spot gold rose 0.3pc to $1,781.77 per ounce by 12:48 pm EDT (1648 GMT), after jumping to $1,794.86, its highest level since June 18. U.S. gold futures gained 0.4pc to $1,782.90.
Weakening physical demand and slowing speculative flows into gold, both of which began before the Fed meeting, could also help to drive a further pullback, Ghali added.
The dollar index eased from a three-week high, making gold more affordable for holders of other currencies, while benchmark 10-year yields also moved lower.
Spot gold rose 0.3pc to $1,784.23 per ounce by 1:50 p.m. EDT (1750 GMT), after falling about 0.8pc on Tuesday. U.S. gold futures settled up 0.5pc at $1,784.30.