U.S. MARKETS

摘要

The U.S. Federal Reserve's decision to raise its key interest rate 25 basis points to a range of 0.5% to 0.75% - its first rate hike since December 2015 - lifted the U.S. dollar but punished gold, with the price of the precious metal falling US$25 per oz., or 2.2%, to US$1,134.60 per ounce. The Fed said signs of a growing economy and expectations of higher inflation influenced the decision, and signalled that there would be more rate increases during 2017. The Dow Jones Industrial Average rose 0.4% to 19,843.41, while the S&P 500 Index dropped 0.1% to 2,258.07. The Philadelphia Gold 8c Silver Index lost 8.3% to finish at 73.41.