Gold rises on concerns over the slowdown in the global economy and on a weaker U.S. dollar

Market news

25 January 2016

Gold rises on concerns over the slowdown in the global economy and on a weaker U.S. dollar

Gold price rise on concerns over the slowdown in the global economy and on a weaker U.S. dollar.

Market participants are awaiting the release of the Fed's interest rate decision on Wednesday. Analysts expects the Fed to keep its interest rate unchanged after the interest rate hike in December.

February futures for gold on the COMEX today increased to 1106.20 dollars per ounce.

Oil prices decline more than 4%

Fitch affirms Belgium’s sovereign debt rating at 'AA'

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