The values of gold, platinum and silver are growing on background of the upcoming US interest rate decision. According to analysts, the Fed is planning to remain the interest rate on the same level, or to slowly increase it. Such Fed's policy was caused by the weakness of the world economy, which will lead to the USD reduction, and will have a positive impact on the further costs of precious metals.
The price of gold has increased by 1.05%. Silver has risen by 1.27%, platinum - by 3.64%. The Interest rate decision will be announced on Wednesday, so traders should pay a lot of attention to the assets’ further values. Gold and silver will be available for trading from 3:00 to 20:00, platinum - from 11:00 to 17:00 GMT time.