A slight decline in gold prices
Gold futures contract prices recorded a slight decline during trading today, Tuesday, as dealers awaited the decisions of the Monetary Policy Committee at the Federal Reserve Board (the Central Bank) of the United States scheduled for release today, Wednesday.
The slight rise in the dollar pushed gold prices down.
The dollar’s value index fell against other major currencies during today's trading to 90.81 points, after it had risen at the beginning of trading to 91.7 points, to close at 90.90 points at the end of trading, with an increase of 0.1% from its level yesterday.
The price of the yellow metal fell today by $ 1.50, or by 0.1%, to $ 1778.80 per ounce for next June delivery.
The price of silver decreased by $ 0.11 to $ 26.40 an ounce for next May delivery, and the price of copper rose by $ 0.0470 to $ 4,880 per pound for next May delivery.
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