Europe’s stock is retreating in anticipation of the US Federal decision, which is gold

On Wednesday, Eurpdeclined earn equited, with investors moving significantly away from risk bets before the forthcoming US Federal Reserve decision on interest rates and monetary policy forecasts.

“The prices of both silver and gold have already involved a great deal of anticipation to ease monetary policy and economic conditions in the future, ” said Ole Hansen, head of the Saxo Bank’s commodity strategy, in a weekly note. As a result, both minerals are likely to experience periods of price volatility and potential downward pressure as investors adjust their expectations.”

India &’s analysts of gold increased discounts to their highest levels in seven months this week to attract customers where standard local prices damaged demand.

Price change
The price of gold in immediate transactions fell by 1.25 percent to $32,230 per ounce after reaching the lowest level of $4.49 earlier in the session and incurred a weekly loss of 3.4 percent in the worst week in 10 weeks. American gold futures fell by 1.6 percent to 2014 dollars.

Silver dropped 3.3 percent to $23 per ounce for other precious metals, the worst week since October 2022, and platinum increased 1.3 percent to $919. The country fell by 2.5 percent to $946 per ounce.

Stock movements
The European index “Stocks 600” dropped by 0.1%.

The German and French indices declined by 0.2 percent each after reaching record levels yesterday Tuesday.

Investors expect the Fed to stop raising interest rates in its decision later on Wednesday.

American inflation data released yesterday on Tuesday, which were higher than expected, could not change the bets on next year &’s lower interest rates.

Emphasis will be placed on the statements of the President of the Federal Reserve, Jerome Powell, and the Central Bank &’s projections of short-term interest rates to obtain indications of when monetary policy will be facilitated.

The decisions of the European Central Bank and the Bank of England will be issued tomorrow, Thursday, and both are expected to prove interest rates.

The Basin arrow increased by 4.4 percent, and the arrow increased by 5.5 percent after lifting U Bank.بي.His credit rating for both companies made the chemical sector the biggest winner and climbed 1.1 percent.