The Fed's interest rate hike and lower oil prices helped ease concerns about inflation, and gold continued to rise. After the implementation of the Federal Reserve's decision to raise interest rates, the yield on US bonds of various maturities declined, and the pressure on gold eased. Spot gold rose to 4393.31 US dollars per ounce; even though the price of gold fell for a while, gold ETFs still showed capital inflows.

The Fed's interest rate hike and lower oil prices helped ease concerns about inflation, and gold continued to rise. After the implementation of the Federal Reserve's decision to raise interest rates, the yield on US bonds of various maturities declined, and the pressure on gold eased. Spot gold rose to 4393.31 US dollars per ounce; even though the price of gold fell for a while, gold ETFs still showed capital inflows.