Gold slips ahead of the Fed meeting

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Gold spot price decreased by 0.3% to $1,722.88 an ounce during the U.S. trading session and in Singapore trading hours, slightly retreated up and was $1,723.88. Gold loses its value, as investors see signs that the U.S. economy is recovering, what is reducing demand for gold, as a conservative investment to diversify a portfolio. During the U.S. trading hours, the Fed policy meeting will be held, but, according to analysts, any fresh stimulus will not be announced.

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