Spot gold prices raised up and investors are waiting for the meeting of the U.S. central bank

Gold price technical analysis 7 - June 2013

Spot gold prices rose by 8. 0% today, extending gains of 1.2% in the previous session as investors dumped the metal as a safe haven amid fears of worsening debt crisis in the euro area.

Investors will wait and monetary policy meeting for the Council of the Federal Reserve(Fed) on Tuesday and Wednesday. The outcome of this meeting is not like any form of stimulus to the economy, which tends to support gold prices.

The price of gold transactions in the U.S. 0.5% to 90% record 1822 USD/Troy ounce . And silver fell in online transactions 0.10% to 40.56 USD/Troy per ounce.

The platinum price rose 0.67% to 1816.99 USD/Troy per ounce, while palladium fell 0.28%, recording 725 USD/ troy per gram k24.

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