Gold prices rose moderately late September 22, recovering slightly from their biggest drop in two months on September 21, Report informs referring to Interfax.

Prices for December gold contracts on the New York Comex exchange increased by 0.3%, to $1,945.5 per troy ounce.

Gold prices fell 1.4% on September 21, the fastest pace since August 1, as the US dollar strengthened on hawkish Federal Reserve cues.