Mumbai, July 31 -- Gold is witnessing volatile moves. The metal fell around 1% yesterday as the US Federal Reserve held interest rates steady between the range 4.25% to 4.5% and Federal Reserve Chair Jerome Powell said it's too soon to say whether the central bank will cut its interest rate target in September. An uptick in treasury yields also weighed and the metal cut gains. However, rising crude oil prices and good bargain buying capped downside and the COMEX Gold futures are currently up 0.27% at $3361 per ounce. Demand trends are holding up for the metal despite sustained spike in prices in recent months. World Gold Council (WGC) stated in latest update that total Q2 gold Gold demand (inclusive of OTC investment) increased by 3% on yea...