Gold soared around 3 percent on Wednesday after the Federal Reserve said it would continue buying bonds at an $85 billion monthly pace for now.
The dollar sank to a seven-month low on Wednesday after the Federal Reserve shocked investors by deciding to continue its massive stimulus program.
Asian stock indices closed mostly higher on Wednesday ahead of the Federal Reserve's policy decision.
Stocks closed higher Tuesday, with the Dow and S&P 500 finishing in positive territory for the third-straight session, as Federal Reserve policymakers kicked off their two-day meeting.
U.S. Treasury debt prices rose as investors awaited a decision from the Federal Reserve on a possible reduction of its bond-purchase stimulus.
The euro rallied vs the dollar Tuesday after a better-than-expected German sentiment survey, but gains were muted before the Federal Reserve meeting.
European shares trimmed losses to close lower on Tuesday, but investors remained cautious about the Federal Reserve's two-day policy meeting.
Crude futures skidded on Tuesday, adding to the prior session's steep losses, as easing worries over Syria calmed Middle East supply fears.
Gold settled under $1,310 an ounce on prospects that the Fed will announce a modest reduction in its bond-buying stimulus at its two-day meeting.
Asian equity markets ended mostly lower on Tuesday amid anticipation of a reduction in U.S. stimulus ahead of the Federal Reserve's two-day policy meeting.
Stocks eased off their best levels Monday but still finished sharply higher, boosted by news that Larry Summers had pulled out of the race to be the next head of the Federal Reserve. Still, the Nasdaq finished lower, dragged by sharp losses in Apple.
Yields on government debt fell to their lowest levels so far in September on news Larry Summers withdrew from possible nomination as Fed chief.
European stocks closed at five-year highs on Monday, boosted by the news that Larry Summers had withdrawn his name from the race to succeed Ben Bernanke as Federal Reserve chairman.
Global oil prices fell on Monday, after U.S. and Russian officials reached a weekend deal to remove Syria's chemical weapons, easing investor worries.
Gold settled higher on Monday, with markets expecting the Federal Reserve to begin tapering its commodity-boosting monetary stimulus soon.
The dollar fell to a four-week low on Monday after former U.S. Treasury Secretary Lawrence Summers withdrew his name as a candidate to lead the Federal Reserve.
Asian equities outside of Shanghai rose on Monday after Lawrence Summers pulled out of the race to lead the Federal Reserve but trading volumes were thin with Japanese markets shut for a holiday.
Stocks closed higher Friday, with the Dow posting its second best weekly gain this year, as investors looked ahead to next week's Federal Reserve policy meeting and shrugged off an earlier batch of tepid economic reports.
Futures for the U.S. Treasury 10-year note leaped over a full point as investors took yields lower after Larry Summers withdrew his name from the Fed chief race.
European shares closed higher on Friday, despite investors' caution ahead of the Federal Reserve's meeting next week.
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