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

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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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