Gold and Silver jump after Fed news...likewise HUI Index soars 11%
SAN FRANCISCO (Sept 18) Gold futures jumped and oil futures fell from intraday highs after the Federal Reserve announced it would not taper $85-billion-a-month in asset purchases at this point. Spot Gold +4.68% traded at $1,361.80, while silver soared 7.01% to $23.07.
Correspondingly, the HUI Index went ballistic up 11% to 260 by 3:30 pm (NY time).









