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المشهد العربي
Gold Falls Amid Dollar Rise and Fed Minutes
Gold prices declined during today's trading on Wednesday, influenced by the rise of the dollar, which increased by 0.25% to reach 102.07 points. Investors are awaiting the Federal Reserve's September meeting minutes, which may clarify the prospects of an interest rate hike. Despite reduced expectations of an interest rate increase in October due to weak economic data, the market still assigns an 87% probability of a rate hike by December. London experts forecast that the price of gold could reach unprecedented levels of $5,013 per ounce in the upcoming months.
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