BULLION BULLETIN.IN: Key Trends at Precious Metals Market
At the end of August, gold quotes broke through the $1,300 level and hit their fresh annual highs against the backdrop of missiles launched by North Korea. The growth in precious metal quotes was also backed up by statements of representatives of the world's central banks at the Jackson Hole economic symposium. At the moment, the probability the Federal Reserve System's rate will be increased at the next meeting on September 19-20 is less than 1%. In this regard, the dollar has weakened.
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