The cost of gold is declining amid the continued strengthening of the U.S. dollar. About it informs MarketWatch.
December futures traded at $1896.4 an ounce on the Comex on Wednesday. This is 1.2% lower than at the close of the previous session. At the same time, quotations fell below the $1900 level. This happened for the first time since March.
Since the first days of September, gold has fallen in price by 3.4%. This happened even though the metal, as a rule, is an alternative instrument in investments in case of a fall in the stock market.
Earlier we told about the fact that tourists in the Magadan region will be allowed to wash gold.