Gold and Silver Extend Rebound as Oil and Yields Ease After Fed Hike

Spot gold and silver prices climbed in early U.S. trading as lower oil prices, easing Treasury yields and a softer dollar aided the post-Fed rebound. Gold stood near $4,371.33 an ounce, up 0.67%, while silver reached $66.35, gaining 1.92%. The Fed lifted its target range by 25 basis points to 3.75–4.00%, yet markets reassessed the chance of another hike amid fading rate shock.