Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%.
The bullion rose more than 3% to breach the $5,500 per ounce mark for the first time.
Asia-Pacific markets were set to trade mixed Thursday. Australia’s S&P/ASX 200 declined 0.6%.
Japan’s Nikkei 225
futures pointed to a stronger open for the market, with the futures contract in Chicago at 54,070 and its counterpart in Osaka at 53,980, compared to the previous close of 53,358.71.
