Gold rose in price after a two-week decline

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The price of gold is rising ahead of the meeting of the US Federal Reserve System (FRS) on the rate. This is reported by Bloomberg with reference to trading data.

gt; As of 10:08 Moscow time, the spot price of gold was $3,260 per ounce (+0.6%). Over the past 24 hours, gold has been trading at a maximum of $3,272.32 per ounce.

This is the first rise in the price of precious metals in the last two weeks. Thus, the market is reacting to the possible retention of the US key rate at the current level (4.25–4.5%).