Spot gold and spot silver were trading near their intraday highs before the Federal Reserve released its interest rate decision, according to market data from Gate. Gold was quoted at $4,046 per ounce, while silver stood at $57.9 per ounce. At the same time, the U.S. Dollar Index, or DXY, moved lower to 101.32. The update reflects price action immediately ahead of the Fed announcement and points to a softer dollar alongside firm precious metals prices during the period covered by the data.
Spot gold and spot silver hovered near their intraday highs before the Federal Reserve announced its interest rate decision, according to market data from Gate.
Gold was quoted at $4,046 per ounce and silver at $57.9 per ounce. The U.S. Dollar Index (DXY) also edged lower to 101.32.
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