FOMC: Raises rates by 1/4% to 1-1.25%
Washington (June 14) FOMC: Raises interest by 1/4% to 1-1.25%. Spot gold remains up $5 at $1,275, while spot silver edges up 30 cents to $17.21. However, spot platinum surges nearly $17 to $950, while spot palladium goes into freefall $20 to $865.
See spot prices of all metals here: https://www.gold-eagle.com/rate/price-of-gold/
