Gold is getting cheaper due to strengthening of dollar

Gold prices are reduced against the background of strengthening the dollar on the eve of the release of key inflationary indicators of the United States this week, which may affect the strategy for increasing the rates of the federal reserve system, reports haqqin.az with reference to Reuters.

The spare price for gold in the first half of the day on February 13 fell by 0.44% – up to $ 1.856.74 per troika ounce.

“Gold does not seem to want to make sudden movements, as the US key inflation data are approaching,” said Khan Tan, an analyst at Exinity.