The dollar fell and gold rose on weak U.S. statistics

The dollar declined on Thursday on weak economic data from the United States - by the evening its losses were about 0.4%. Gold, on the contrary, showed positive dynamics, again exceeding $2000 mark. The decline of the American currency, to the fluctuations of which gold is traditionally sensitive, contributed to it.

The country's GDP growth in the fourth quarter was worse than forecasted, totaling 2.6% against the forecasted 2.7%. In the third quarter the indicator was equal to 3.2%. Unemployment data also did not inspire optimism - initial claims for benefits rose stronger than forecasted to 198,000 last week, 7,000 above the previous week's results. Analysts were expecting them at the level of 196 thousand.

The main issue for investors remains the Fed's plans regarding the interest rate. After bankruptcy of banks the share of experts expecting that the regulator will refuse to raise it in May increased to 50%, Prime reports with reference to polling by CME Group. The rest of the respondents expect it to rise moderately - by 25 bp.