Gold fell in price at the end of the week in connection with the expectations of the Fed meeting


The last meeting of the Federal Reserve System this year is scheduled for December 18-19, and world investors expect that, based on its results, the base rate will be raised to 2.25% -2.5% per annum. However, the main intrigue remains the number of rate increases next year. Some experts predict a decrease in their number to 2 or one increase, but there are also those who believe that the Fed is implementing its plan to raise the rate 3 times in 2019. In the event of a Fed easing, the dollar will decline and the price of gold will rise. On Friday, gold fell by $2 to $1,245, 40 cents per troy ounce.

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