Gold prices on December 20 morning remain under $1,800 per troy ounce, almost unchanged from the last close of trading, reported from stock reports.

The price of February futures for gold on the New York Comex exchange rose by $1.2, or 0.07%, to $1,798.9 per troy ounce. March silver futures fell 0.31% to $23.128 an ounce.

Investors continue to evaluate the monetary policy of the world’s major regulators, which affects all financial markets, including futures.

The US Federal Reserve System (FRS) has recently raised the discount rate by 0.5 percentage points to 4.25-4.5% per annum. According to the CME Group, 65% of experts expect that in February it will be increased by another 0.25 percentage points.

At the same time, the Central Bank of Japan earlier once again kept the discount rate at a negative level - minus 0.1%. In doing so, the bank widened the range of 10-year government bond yields to about plus or minus 0.5 percentage points (from 0.25 percentage points). In China itself, the central bank also kept the prime rate on loans at 3.65%.





www.anews.az