On Wednesday, gold prices went up against the background of the decline in the dollar index to the basket of six major currencies by 0.2%. Investors are also concerned about trade tension, as many see the new US fees as a negotiating tool. Herewith, experts note that there is no necessity to expect a significant increase in gold prices before the meeting of the Federal Reserve System next week, as the regulator can decide to raise the interest rate. On Wednesday at 13:24 Moscow time, gold was traded at 1 thousand 294 dollars 95 cents per troy ounce. The world's largest gold exchange fund ETF SPDR Gold Trust reduced inventories by 0.03% to 836 tons 130 kilograms, the minimum since mid-March.
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