- Trading at about $1,115 per ounce head of the FOMC decision yesterday afternoon, the yellow metal jumped about $15 per ounce in the immediate aftermath of the news, and has tacked on more this morning, now going for $1,137.
- The statement, economic projections, and Yellen press conference did imply at least one rate hike is still coming this year, but October hardly seems likely at the moment. ZIRP could remain in place at least another three months.
- GLD +0.4% premarket
- ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX