Gold, silver up 1% on Fed's latest rate call13 Dec 2023 20:23
Gold and silver traded in the green on Wednesday after the United States Federal Reserve decided to keep interest rates unchanged for the third consecutive time.
Additionally, the Fed expects rates to stand between 4.5%-4.75% at the end of 2024, 0.5 percentage points down compared to September projections.
Gold gained 1.21% at 2:15 pm ET, selling for $2.003,340 per ounce. At the same time, silver jumped 1.87%, going for $23.19. On the other hand, platinum fell by 0.28%, trading for $930.18 per ounce, while palladium dropped 0.35%, to sell for $964.09 per ounce.
Baha Breaking News (BBN) / JJ
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