Gold prices are reduced by the second session on Tuesday against the background of the growth of the dollar, while investors are waiting for specifics from the US Federal Reserve regarding the increase in interest rate, writes Moscow Times.
So, the spare price for gold on Tuesday afternoon decreased by 0.57% to $ 1.906.98 per troika ounce. Palladium traded at $ 1.750.5 per ounce, silver fell 1.78% to $ 23.96 per ounce. The price of platinum sank by 0.82% to $ 1.053.72.
Analysts predicted that this year gold can reach a record level above $ 2,000, since the Fed slows down the rate of increase in bets and will ultimately stop this process.