Gold prices have stabilized today, Wednesday, as markets continue to assess the actions of the US Federal Reserve on interest rates, as well as take into account the events in Poland.
And by 08:09 Moscow time, the price of December futures contracts for gold on the New York Stock Exchange fell by 0.01% to $1,776.7 per ounce.
At the same time, the December futures contract for metallic silver rose by 0.29% to $21.58 per ounce, according to trading data.
Markets continue to evaluate the Fed’s next interest rate moves as the next meeting is scheduled for mid-December and markets expect the Fed to slow down its rate hikes in light of slower annual inflation in the United States.
Source: Prime