[BRIEFING.COM] Stocks have traded in a tight range since the top of the hour following volatile swings induced by the FOMC release. Every sector is now trading in positive territory.

The commodity space saw marginal gains this session, despite notable weakness in the dollar.

Precious metals, however, extended yesterdays momentum to have another strong session. Both gold and silver futures pulled back late in the session, but both have since recovered as the dollar sold off following the FOMC release. December gold futures hit a pit session high of $1091.10 per ounce, a new all-time high. They closed at $1087.30 per ounce, up fractionally. However, they have recently made new all-time highs in the electronic trade at $1097.80 per ounce. December silver futures closed 1.3% higher at $17.41 per ounce.

December crude oil futures closed 1.0% higher at $80.36 per barrel. They popped after an unexpected draw in inventories this morning, After pulling back to the unchanged level, they rallied into the close as the dollar continued to fade. Today was the first time crude oil futures settled above $80 per barrel since October 23. Natural gas futures sold off throughout the session. They closed 4.1% lower at $4.73 per contract.