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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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    Rise in the price of gold with the dollar's decline

    Rocky
    Rocky
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    Rise in the price of gold with the dollar's decline Empty Rise in the price of gold with the dollar's decline

    Post by Rocky Thu 18 May 2017, 3:02 am

    Rise in the price of gold with the dollar's decline



    BAGHDAD (Reuters) -

    Gold climbed to the highest level in two weeks with US bond yields fell and the dollar's decline to the lowest level in six months due to political concerns in the United States reduced expectations for increases active interest rates this year.

    The price of gold for immediate sale 2.0 percent to 1261.15 Dularellooukah (an ounce) in late trading in the US market, the highest level since the first of May and its biggest gain for a single day since June 2016.

    Gold climbed in US futures contracts 1.8 percent to record at 1258.70 dollars an ounce settlement. It continued to rise in subsequent transactions on the settlement.

    The dollar index, which tracks the greenback's performance against a basket of major currencies to its lowest level since the ninth of November at 98.112.

    The dollar negatively affected by strong economic data in the euro zone and the decline in US bond yields with rising tensions in Washington and the release of weak housing data.

    Among other precious metals rose silver spot price for the sale of 0.39 percent to $ 16.88 an ounce.

    Platinum rose 0.95 percent to $ 946.40 an ounce, while palladium fell 1.49 percent to $ 781.70 an ounce.

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