Gold prices on Monday, 30 November, actively declined, “breaking through” at least 2010 because of investors expectations of a rate hike by the fed at the December meeting of the regulator, said the Agency “Prime” with reference to data exchanges.

As of 08:22 Moscow time February futures for gold on the new York stock exchange Comex became cheaper by 0.3 dollar, or 0.03%, to 1055,9 dollars per Troy ounce. The Minister also said that he has reached 1052 dollars per ounce, breaking the lowest since February 2010 in 1052,46 USD per ounce.

The cost of the March futures for silver declined by 0.06% to 14,04 USD per ounce.

Investors continue to win back prospects of an early increase in base interest rates by the fed. According to the minutes of the October meeting of the regulator, representatives of the fed believe that the economy is strong enough to withstand higher rates.

Last week in USA was published the block of positive macroeconomic statistics which strengthened expectations of a rate increase by the fed, the first since 2006.




The price of gold reached the lowest level since February 2010 30.11.2015

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