The entire precious metals complex moved higher today after the conclusion of Decembers FOMC meeting.

There are two major events this week that market participants are going to be assessing. The first event is tomorrow’s conclusion of this month’s FOMC meeting.

Both spot gold and futures remain neutral to slightly higher on the day. As of 3:53 PM EST February futures are currently up $0.10 and fixed at $1465.20. Spot gold is also showing fractional gains on the day currently up $0.68 at $1460.71.