Gold fell below $ 4.2 thousand per ounce for the first time since August 5
The price of the futures on the Comex exchange fell below $4250 per troy ounce for the first time since August 5. This is evidenced by the data of the trading platform.
The price of the futures on the Comex exchange fell below $4250 per troy ounce for the first time since August 5. This is evidenced by the data of the trading platform.
According to 04:12 MSK, the price of the precious metal decreased by 1.74% to $4246 per ounce. By 04:20 GMT, futures slowed down and traded at $4,251, losing 1.61% of its value.
Pressure on the precious metal is exerted by the tightening of the position of the US Federal Reserve - signals about raising rates. From its January peak of $5,318 an ounce, gold has so far lost more than 20%.

