Gold prices surged over 2%, rebounding from a six-week low, as the market digested the Federal Reserve's recent interest rate increase. The U.S. dollar retreated from its recent highs, making gold more attractive to foreign buyers. Additionally, a pullback in oil prices has eased some inflation concerns, potentially reducing the need for more aggressive future rate hikes from the Fed. This rebound suggests that the hawkish Fed stance was largely priced in by the market.