Gold lower through most of world trade to its low of $875.75

The gold price
steadily fell throughout most of world trade and ended near its low
of $875.75 with a loss of 2.43% and continued to fall in after hours access trade in reaction to the
fed’s statement.

Euro
gold prices fell to about €567, platinum gained $20 to $1576, and copper
fell another few cents to about $3.46.

The
fed held rates at 2% as expected and said that risks to growth remain
and inflation risks are of "significant concern."

Today's Consumer Credit report for June is expected at $6.0
billion.

The
U.S. dollar index rose as oil fell on demand concerns and easing
supply worries as storm fears continued to ease in the Gulf of
Mexico.

Treasuries
fell as the Dow, Nasdaq, and S&P rose for most of trade and ended
nearly 3% higher as oil fell again, ISM
Services came in better than expected, and the Fed did not bring any
real surprises with their decision to hold rates at 2%.