Standard gold rise with the dollar declining

Gold prices recorded a record increase today, supported by the decline in the dollar before the Federal Reserve (US Central Bank) meeting this week amid great expectations to reduce interest rates.

The price of gold in instant transactions increased 0.1% to 3680.17 dollars an ounce by 01:09 GMT, after he recorded its highest level ever at 3689.27 dollars earlier in the session. US gold futures stabilized December delivery at 3718.80 dollars, according to Reuters.