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local correction in the dollar allows the price of gold on Thursday, March 18, to recover to $1,747 per troy ounce. The dollar was in the volatility zone after the US Federal Reserve’s March meeting, where the regulator moved sharply in the positive direction of expectations for key macroeconomic parameters for the current year. >>>
At the end of last week, almost all major currencies closed higher against the US dollar. The Canadian dollar (1.42%). and the Swiss franc (0.08%). On Friday, the euro ended in decline. The euro fell 0.28% against the U.S. dollar to 1.1950. >>>
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On Wednesday, March 10, the benchmark crude oil brand rose again, after falling the previous day: the price of Brent rose 1.3%, to $67.89 per barrel, and the price of WTI rose 1.3%, to $64.66 per barrel.
Data on the week’s record growth in commercial oil reserves in the United States (by 13.8 million barrels against expectations of growth of only 816,000 barrels), which six months ago could have lowered prices, had no impact on the market. >>>