The price of gold has increased

The exchange value of gold in the world has correctively increased after declining since the beginning of the week.

This is evidenced by trading data.

The price of the April gold futures on the New York Comex exchange rose by $45.49 compared to the previous close, or by 0.93%, to $4,951.39 per troy ounce. At the same time, cumulatively over Monday and Tuesday, gold quotes fell by 3.37%.

The March silver futures rose by 2.7% - to $75.525 per ounce.

Later on Wednesday, the minutes of the last, January meeting of the U.S. Federal Reserve System (Fed) will be published, at which the regulator maintained the key interest rate at 3.5-3.75% per annum. The Fed's decisions may affect the dollar exchange rate, which, in turn, regulates the demand for gold among holders of other foreign currencies.