Gold prices and US stocks simultaneously increased thanks to the Fed

On Wednesday, U.S. stocks

and rose as the market . The Federal Reserve (Fed) hinted at , as the market expected, and predicted many rate rises next year.

The S&P 500 increased 1.63 percent to 4,709.85, while the Nasdaq Composite increased 2.15 percent to 15,565.58. The Dow Jones Industrial Average closed at 35,927.43, up 383.25 points, or 1.08 percent. The day before the Fed's decision, all three were

. In the case of gold, the price of jumped by 6 USD to 1,777 USD at the end of the on December 15. Last night in the United States, the gold price jumped by over 30 dollars, from 1,755 to close to 1,785 dollars. The precious metal was supported by after the Federal Reserve said it would end its in the coming March. The Fed also hinted that might be raised three times in the next year.

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