Gold sank pre-Fed, falling as low as $862 in London trading, then seesawed through the New York session on Wednesday, before shooting upward in the Globex market after the interest rate announcement and finishing at $876.60, up $5.50. Overnight, gold has fallen off.

Gold held around $920 until just after London trading began, then went on a nosedive that took it below $900 in the third hour of the New York session Wednesday, after which it did manage to rally back a bit, finishing at $904.80, down $11.40. Overnight, gold has edged lower.