The price of gold at Asian auctions showed a slight decrease, as traders and investors are waiting for further clarity in negotiations on Britain's exit from the EU. The country's authorities postponed the vote on an agreement with the EU, which is proposed by Prime Minister Boris Johnson.

Goldman Sachs, an American bank, said Brexit’s likelihood without an agreement with the EU fell to 10%, while RBC Capital Markets analysts believe that postponing voting on the agreement reduces the risk of an uncontrolled UK exit from the EU.

“If you are actively trading in the gold market, you probably noticed that the mood in the market is sluggish. Many investors took a wait-and-see attitude and are concerned about the further development of events, ”the analyst of the precious metals market said.

“It is worth saying that traders have already laid in the current value of the yellow precious metal weak economic data and political reactions of the US Federal Reserve. Therefore, traders and investors are waiting for new growth drivers in order to begin to show activity in the gold market again. ”