The price of gold on Wednesday morning stabilizes around the level of $ 1780 per troy ounce, according to the trading data. Investors are awaiting the U.S. Federal Reserve (Fed) rate decision next week.

The price of February gold futures on the Comex exchange in New York was down $0.1, or 0.01%, to $1,782.3 a troy ounce. March silver futures were up 0.23% to $22.387 an ounce.