Higher interest rates make dollar assets more attractive to investors, and lead to the sale of gold. This precious metal does not bring interest income and can not compete with assets that generate such income, for example, government bonds.
Finally, USDJPY recovered and closed at multi session highs. The pair traded as high as 111.Looking at yields and USD Index I expect major USD rebound in the coming weeks. It is likely that the US Currency will gain value post FOMC yesterday.