Asian shares trade mixed and gold jumps more than 4% after the Fed keeps rates unchanged

TOKYO (AP) — Asian shares were mixed Thursday as a wait-and-see attitude dominated in regional markets following the Federal Reserve’s decision to keep its key interest rate unchanged.

That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now.

Gold jumped another 4.6%, trading at $5,545 per ounce and silver was up 4.1%. The dollar weakened against the Japanese yen and oil prices rose.

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