The price of gold futures during trading on the Comex exchange (a division of the New York Mercantile Exchange) updated its all-time high, climbing above USD 2,656 per troy ounce, according to data from the trading platform.
As of 8:45 Bulgarian time, the price of the precious metal is USD 2656.1 per troy ounce (+0.37%). As of 9:45 Moscow time, the price of gold slowed to USD 2,651.6 per ounce (+0.2%)
On September 18, the US Federal Reserve for the first time in four years cut the main interest rate by 0.5 percentage points to 4.75-5%. In the first 30 minutes after the publication of the medium-term forecast on the website of the American regulator, gold prices jumped to 2,625 USD per troy ounce.