Gold maintains an upward vector due to increased investor interest in defensive assets amid worsening international trade.
At the last FOMC meeting, for the first time since 2008, it was decided to reduce the interest rate by 0.25%.
Gold is still trading in a fairly limited price range, awaiting the outcome of the FOMC meeting and the meeting of the US and Chinese negotiating groups in Beijing.
Gold continues to be traded in a very narrow price range, awaiting the outcome of the FOMC meeting, which will be held this week.
Gold is trading for the third day in a fairly narrow range, keeping the horizontal direction of movement.
The price of gold continues to decline amid a stronger dollar and a decline in investor’s interest in defensive assets.
The price of gold continues to decline amid growing pressure from the dollar and the emergence of positive news regarding trade negotiations between the US and China.
Gold finished Friday's trading with a decline, amid a strengthening dollar and a partial fixation of long positions after the update of the annual maximum.
Gold finished yesterday's trading with an increase of more than 1% against the background of the weakening dollar and the appearance of negative information about the course of trade negotiations between the United States and China.
On Tuesday, gold finished trading lower, by almost 0.6%, amid a stronger dollar.
