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Today's statement Bernanca raised the price of gold by three percent

Against the backdrop of today's statement of the head of the US Federal Reserve (Fed) Ben Bernanke on the continuation of the assets redemption program at low rates for indefinite, but for a long time, the price of gold ounce increased by 3 percent to $ 1286. In addition, as Reuters analysts say, the cost of gold in the short term can return back to $ 1,400 for a triple ounce.

In particular, the head of the US Federal Reserve said that the regulator intends to maintain interest rates at a low level, even if the indicators in the labor market have reached target levels.

Recall earlier, Benanka spoke about the possibly fast turning of the program on assets, which then led to a sharp drop in the cost of gold futures on all exchanges in the world. At the end of June, the price of gold fell to $ 1,269.46, updating the two -year minimum from September 16, 2010.

The current rise in price of gold was the first after a 24 percent drop in prices in April 2013.

As you know, the Morgan Stanley reduced its forecast for 2013 to $ 1409 per ounce from 1487, reduced the forecast for 2014 to $ 1363 and to $ 1300 in 2015.


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