The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday.
"Economic activity has been rising at a solid rate ... job gains have been solid, " the Fed's policy-setting committee said in a statement announcing the federal funds rate had been lifted to a target range of 1.25 percent to 1.50 percent.
Gold and Silver gain about 1% and 2%.
"Economic activity has been rising at a solid rate ... job gains have been solid, " the Fed's policy-setting committee said in a statement announcing the federal funds rate had been lifted to a target range of 1.25 percent to 1.50 percent.
Gold and Silver gain about 1% and 2%.
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