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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Gold prices fall as the dollar continues to rise

    Rocky
    Rocky
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    Gold prices fall as the dollar continues to rise Empty Gold prices fall as the dollar continues to rise

    Post by Rocky Mon 07 Jun 2021, 6:44 am

    [size=35][size=35]Gold prices fall as the dollar continues to rise[/size]
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    Economie

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    2021-06-07 | 02:54
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    Gold prices fell on Monday, as the dollar's rise affected the metal's allure, despite lower US bond yields.


    Spot gold was down 0.3% at $1,884.79 an ounce as of 05:11 GMT, after rising more than 1% in the previous session, as US nonfarm payrolls in May were below expectations.






    US gold futures fell 0.2 percent to $1,888.10 an ounce.

    The dollar index settled more steady at 90,141 against its rivals, making gold more expensive for holders of other currencies.

    Low interest rates in the US put pressure on dollar and bond yields, increasing the attractiveness of non-yielding bullion.

    As for other metals, silver fell 0.7 percent to $27.58 an ounce, palladium fell 0.1 percent to $2841.20, while platinum rose 0.2 percent to $1164.37.

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