The prices of futures on precious metals first rose and then fell.
On Wednesday, November 2, December delivery gold futures contracts rose in price on the New York Mercantile Exchange (NYMEX), after which they began to decline sharply, he reports. invest.com.
At 2.30pm Kiev time, December gold futures rose 0.62% to $ 1,660 per troy ounce, while silver rose 0.8% to $ 19.82 per ounce.
In turn, palladium rose 1% to $ 1,896.5 an ounce, while platinum rose 1.2% to $ 961.9 an ounce.
However, both gold and other key precious metals began to decline in value in the evening.
Therefore, gold fell 0.63%, to $ 1639 per troy ounce. Silver fell 2.17% to $ 19.24 an ounce.
As for platinum and palladium, their prices by 22:20, Kiev time, fell in the range of 1.17-1.45%.
Analysts expect the US Federal Reserve to announce its fourth consecutive rate hike by 75 basis points.
Let’s remember it in the wallets of the Russians billions burned after the advice of the authorities to buy gold.
As previously reported, Russia has lost a huge amount of money gasoline prices in Europe.
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