Gold futures settled with a modest gain on Wednesday, then moved higher in electronic trading after the Federal Reserve announced a hike in the fed funds rate of 75 basis points to the 3.75% to 4% range. December gold GCZ22,
Gold (XAUUSD) continues to soar to new price highs
The increase in US nonfarm employment does not strengthen the US dollar significantly, with Gold prices continuing their ascent to 2,880 USD. Discover more in