Daily Remarkable news - December 16, 2013 (sources: collection)

MARKET WAITING FOMC meeting results

This week there is not much statistical significance of the U.S. economy published . The market's attention focused on the results of the last policy meeting of this year 's Open Market Committee Federal ( FOMC ) - the Fed's policymaking takes place on Tuesday and Wednesday this week . The recent market performance shows that the Fed has the ability to cut program of quantitative easing at this meeting . November job growth was much higher than expected and the unemployment rate fell to 7 % showed the U.S. economy is recovering strongly . In addition, policy makers in the U.S. Congress has reached agreement fiscal year budget for 2014 and 2015 to prevent a government shut down again early next year .

However, most observers still hope the Fed will cut the packet delay QE until early next year for a few reasons . First, they want to make sure the growth is sustainable and not temporary . Second, inflation is still running at 1.1 % , lower than the 2 % target that the agency put out . Third, this is the end of the year and is also the end of Bernanke 's term president .

GOLD PRICE THIS WEEK : Depends on Fed

World gold prices rebounded 1 % in the last session of the week thanks to cheap hunting after two days of decline . However , analysts said the market remains vulnerable ahead of the crucial policy meeting the Fed's happening this week.

In opinion polls expert predicted gold prices this week by website Kitco News precious metals performed with 8/23 feedback predicted price increase , 9 reviews forecasted prices fell , and 6 the opinion that prices will move sideways. Participation in the weekly poll is gold trading companies , investment banks , commodity traders futures , fund managers and analysts technical charts .

Analysts expressed in the comments wondering gold prices this week by the direction of the price of the precious metal in the final months of 2013 is heavily dependent on the outcome of the Fed meeting . Although the agency expects to delay cuts quantitative easing program , many observers still believe that gold prices will remain under pressure when the agency determined reduction plan in January next year .