India, June 18 -- With the Federal Reserve's policy decision to be released soon, the Middle East crisis and fears of US participation kept gold prices steady on Wednesday.

Front Month Comex Gold for June delivery gained $3.20 (or 0.09%) to settle at $3,389.80 per troy ounce today. Today's settlement value is the sixth highest for this year.

Front Month Comex Silver for June delivery lost 22.40 cents (or 0.60%) to settle at $36.866 per troy ounce today.

The pre-emptive airstrikes Israel conducted on Iran on June 12th, which impacted global stock and commodity markets heavily, continued for the sixth straight day and have reached a crucial stage.

So far, while Iran suffered more than 240 casualties, Israel has lost around 25 lives.

Inve...