Gold prices rose nearly 1% on Monday morning, reaching a record price above $2,100 a troy ounce, Report informs.

The price of December gold futures on the New York Comex exchange rose by $17.7, or 0.85%, to $2,107.15 per troy ounce. December silver futures rose 0.09% to $25.317 per ounce.

The next meeting of the US Federal Reserve System (Fed) will take place on December 13th. According to CME Group, 97.8% of analysts predict that the discount rate will once again remain at the current level of 5.25-5.5%.