Andrey Litvinov

Gold prices are testing a new low. Now it is necessary to closely monitor the reaction of financial markets to the Fed's statement on monetary policy. On Wednesday, September 22, representatives of the US central bank announced that in November a plan will be announced to reduce monthly bond purchases.

The results of the past week: prices for yellow metal decreased amid rising yields of US government bonds and an increase in investor interest in risk assets, despite news of a possible default by the largest Chinese developer Evergrande Group.

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