Gold prices are recovering on Monday morning after falling by 3.5% over three trading days, according to trading data.

The price of February gold futures on the New York Comex exchange grew by $1.7, or 0.1%, to $1,786.6 per troy ounce. March silver futures rose 0.03% to $22.308 an ounce.

The gold market is seeing a corrective rise on Monday morning after falling 3.5% over the previous three trading days. The weakness of the precious metal was associated with the growth of the dollar index after the announcement of the results of the US Federal Reserve meeting.