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PRECIOUS-Gold steadies near 8-month peak, focus on Fed's policy decision * Fed policy statement due on Wednesday at 1900 GMT * SPDR Gold holdings up 4.6 pct this month, highest since Sept 2017 (Adds comments and details, updates prices) Jan 30 - Gold rose to near a more than eight-month peak on Wednesday, supported by a muted dollar as investors awaited the Federal Reserve's policy decision and U.S.-China trade talks later in the day.Spot gold was up 0.1 percent at $1,312.51 per ounce at 1114 GMT, after touching $1,315.93, its highest since May 14, 2018 earlier in the session. U.S.GCcv1 rose 0.2 percent to $1,311.50. "Gold is hesitating just as the dollar is pausing for breath ... We have the Fed meeting later, and investors are wondering what the Fed is going to do with regards to the pace of balance sheet reduction," said Fawad Razaqzada, an analyst with Forex.com.Markets expect Fed officials will reinforce their recent dovish stance given a stalemate on