Dollar is strengthened, gold is cheaper

The value of gold on Wednesday in the morning decreases under the pressure of the strengthening dollar, evidence of the data of trading.

Prime edition writes that as of the morning of the medium, the price of February Futures for gold on the New York Stock Exchange fell by $ 5.55, or 0.3%, to $ 1846.95 per troy ounce. Martov silver futures get cheaper by 0.58% – to $ 23.758 per ounce.

The value of gold on Wednesday in the morning puts pressure American currency, which is strengthened to a number of others, in particular, to the yen. And the dollar index (course to the cart of the currency of the six countries – the main trading partners of the United States) increases by 0.02%, to 95.97 points.

Investors in anticipation of the decision of the US Federal Reserve system, which will be published later on Wednesday. Analysts believe that the regulator will begin to tighten the monetary policy and can increase the accounting rate in the near future. The dollar in which gold futures is calculated, it is capable of strengthened on these decisions, and this makes the precious machine less affordable owners of other currencies.