Gold price today: Bullion pushes toward $5,400 as Fed decision fails to cool the rally
Spot gold surged 4% to $5,393.19 an ounce Wednesday, nearing record highs after the Federal Reserve held rates steady. Comex gold futures closed up 4.3% at $5,303.60. Investors focused on upcoming U.S. inflation and jobs data for signals on future Fed moves. Silver, platinum, and palladium also posted strong gains.