That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now. Gold jumped another 4%, trading at $5,520 per ounce and silver was up 3.5%. Gains for some technology companies reporting strong earnings failed to lift shares in Tokyo, where the Nikkei 225 lost 0.2% in morning trading to 53,274.71. Elsewhere in Asia, South Korea's Kospi surged 0.9% to 5,218.81, hitting a fresh record as computer chip maker SK Hynix picked up 2% on a strong earnings report. The Fed cut rates several times last year to try to shore up the job market, but inflation remains stubbornly above its 2% target.