Gold Prices Jump Over 3% Amid Mixed Asia Markets Outlook

Gold Prices Jump Over 3% Amid Mixed Asia Markets Outlook

Spot gold prices reached a record high above $5,500 per ounce Thursday after the U.S. Federal Reserve maintained its benchmark rate.

Investors are closely monitoring Indonesia's Jakarta Composite following an MSCI warning about a potential frontier-market status downgrade.

Japan's Nikkei 225 futures suggest a positive open for markets in Tokyo, with futures contracts in Chicago and Osaka pointing to higher values compared to the previous close.

With global economic indicators showing strong growth and stable unemployment, the Fed's decision has been met with cautious optimism.