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The price of gold again on the rise

UNITED STATES (OBSERVATORY) –┬áThe results of the meeting of the US Federal Reserve gave a boost to gold prices.

The prices of the yellow metal are mounted following the publication of the results of a meeting of the Federal Reserve of the United States (Fed), testify the markets.

At 19:18 UTC, gold futures for June delivery increased by $ 1.5 (or 0.11%) to reach $ 1,308.3 per Troy ounce, as a result of the negotiations. on the COMEX. That said, before the results were announced, the price of this precious metal was down 0.03%.

As for silver futures for delivery in July, the price increase accelerated: the metal was selling at $ 16.475 per ounce, an increase of 2.16%.

Copper futures for the same month of the year also increased on COMEX to trade at $ 3.071 per pound.

On May 1st and 2nd, the US Federal Reserve maintained its annual interest rate at 1.5-1.75%. The next meeting of the regulator is scheduled for June 12th and 13th.