The U.S. dollar index surged following the FOMC developments, which in turn has been a bearish underlying factor for commodity markets, including gold. U.S. Treasury market prices have also slumped (yields rising).The Ukraine-Russia matter has moved from an international crisis to a regional squabble, from the perspective of the market place. Gold is no longer drawing a safe-haven bid from this situation. A report from NBC News did say Russian troops were again massing on the Russia-Ukraine border, but as of this writing the markets were not paying much attention. German President Angela Merkel on Thursday called the Group of Eight (G-8) nations defunct—basically kicking Russia out of the club of the eight most economically powerful nations in the world. Any significant escalation of tensions between Ukraine and Russia would quickly put keen risk-aversion back into the market place.- See more at: http://www.gold.in.th/node/4014#sthash.0gEkbT4W.dpuf