Gold prices traded in a narrow range with a moderate decrease , while investors expect the Fed to further reduce the incentives and evaluate improved forecasts for global economic growth .

Investors withdraw from the market for gold is more risky and profitable stock market , seeing the growth of the world economy led by the U.S. .

Market participants fear reductions in programs QE3I U.S. Fed , as it would strengthen the U.S. currency and adversely affect the demand for safe assets , including gold .

Analysts believe that the outcome of the meeting of the Committee on the Federal Reserve Open Market January 28-29, will be decided to reduce the program QE3 by another $ 10 billion - to $ 65 billion per month .

Experts believe that volatility will increase significantly in the next week on the eve of the Fed statement .

International Monetary Fund (IMF ) on Tuesday for the first time in nearly two years, raised its forecast for global economic growth.

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