Financial Markets Reacted to Interest Increase

GOLD

After Yesterday’s Federal Reserve announcement of a .25% increase in the Fed Fund interest the financial markets reacted.
The Fed also is planning on making six more .25% increases this year.
After the announcement and during Fed Chairman Powell’s news conference equities and Bitcoin dropped, and Gold, crude oil and 10-Year Treasuries rallied.
The Gold price started higher, then dropped to $1,894, then rallied higher, over $20 on massive buying.
Today, the Gold price started moving higher, reaching $1,950 before see some short-term profit selling.
At 11am PT today, Gold is trading at $1,942 per ounce, up $29 on excellent volume.

SILVER

Silver sold off yesterday, reaching a low of $24.55, then, with Gold, started moving higher in late trading.
Today, Silver moved higher, breaking above the $25 resistance level and reaching a high of $25.64 before seeing light selling.
At 11am PT today, Silver is up $0.50 per ounce, trading at $25.32 on normal volume.