Gold rose by 1.2% on Thursday. The growth drivers The main driver of the growth was the US dollar decline as a reaction to the Federal Reserve's The US dollar fell in response to the results of the Fed meeting and weak statistics on the US economy. The U.S. economy. Yesterday, the Federal Reserve Board completed its regular meeting, at which it was The decision to keep the key rate at the previous level and not to The decision to keep the key rate unchanged and not to make changes in the current asset purchase program. Chairman Federal Reserve Chairman Jerome Powell also touched on inflation - according to his forecast, in the coming months, it will continue to remain high. inflation is expected to remain high in the coming months. Thursday also saw the release of data on U.S. GDP growth in the second quarter. This figure fell short of the forecast estimate - 8.5 percent, coming in at just 6.5 percent. According to AvaTrade analyst Naim Aslam, voiced in an interview with MarketWatch, these figures are disappointing, but the upside is that Federal Reserve intends to continue economic stimulus. The latter circumstance adds to the players' confidence and strengthens their appetite for risk.