XAU/USD: decline after Fed’s Statement

Forex analytics: Current trendOn Wednesday, the price of gold was declining to two-week lows when, following the Fed's rate decision, the Monetary Policy Statement was released. The USD strengthened significantly after the Regulator stated a possibility of a December rate hike.Current interest rates were kept at the level of 0.25%. Economic uncertainty does not allow the regulator to start tightening its ...