Gold returned to gains this Thursday, much on the back of the dollar's decline. As of this afternoon, the precious metal is up 0.47%, with the ounce trading at $1,785.34.

This rise in gold comes at a time when the dollar is retreating 0.28% against a basket composed of rival currencies, in reaction to the Fed's announcement on Wednesday.

"With any weakness in the dollar we should see a corresponding rise in gold. The expectation is for a rollback of fiscal and monetary stimulus, and if that view remains unchanged, it would be reasonable for gold prices to remain below the $1800 threshold," indicates Michael Langford, director of corporate advisory at AirGuide.