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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Gold falls with the rise of the dollar due to expected interest rate hike in March

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 270664
    Join date : 2012-12-21

    Gold falls with the rise of the dollar due to expected interest rate hike in March Empty Gold falls with the rise of the dollar due to expected interest rate hike in March

    Post by Rocky Thu 02 Mar 2017, 4:03 am

    Gold falls with the rise of the dollar due to expected interest rate hike in March





    Gold falls with the rise of the dollar due to expected interest rate hike in March 12708

    Economy News / Continue ...



    Gold prices fell on Thursday, with the high dollar on comments from officials Federal Reserve (the US central bank) has strengthened expectations of raising US interest rates in March.

    Gold fell 0.4 percent in spot transactions to $ 1244.72 for ounce by 0715 GMT. The metal rose on Monday to $ 1263.80 an ounce, its highest level since Nov. 11.

    And got gold in the US futures contracts 0.3 percent to $ 1245.30 an ounce.

    The total dollar index, which tracks the US currency's performance against a basket of six major currencies, was 102, the highest level since January 11.

    Said Mark Tu, head of research group Wing Fung Financial in Hong Kong, "possibly exposed to the price of gold for a little selling pressure at the moment because of the statements tend monetary tightening of officials Council reserve. It is very likely to raise US interest rates in March," March.

    "We can also see that the overall political climate in the world is changing. Even those who do not care about gold, but tend to be a reluctance to risk investing in the metal door of the hedge."

    And silver fell 0.3 percent in the spot transactions to $ 18.35 an ounce.

    Platinum was down 0.2 percent to $ 1012.90 an ounce, while palladium fell 0.3 percent to $ 772.93 an ounce.

    http://economy-news.net/content.php?id=6829

      Current date/time is Fri 24 May 2024, 1:55 am