Asian Shares Mostly Fall and Gold Jumps More than 4% After the Fed Kee

Asian shares mostly fall and gold jumps more than 4% after the Fed kee

TOKYO (AP) — Asian shares mostly fell Thursday as a wait-and-see attitude dominated in regional markets following the Federal Reserve’s decision to keep its key interest rate unchanged . That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now. Gold jumped another 4%, trading at $5,520 per ounce and silver was up 3.5%. The dollar weakened against the Japanese yen and oil prices rose. Gains for some …

Asian shares mostly fall and gold jumps more than 4% after the Fed keeps rates unchanged - The Morning Sun

TOKYO (AP) — Asian shares mostly fell Thursday as a wait-and-see attitude dominated in regional markets following the Federal Reserve's decision to keep its key interest rate unchanged. That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now. Gold jumped another 4%, trading at $5,520 per ounce and silver was up 3.5%. The dollar weakened against the Japanese yen and oil prices rose. Gains for some t…