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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

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


    Gold falls to its lowest level in a month

    Rocky
    Rocky
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    Join date : 2012-12-21

     Gold falls to its lowest level in a month Empty Gold falls to its lowest level in a month

    Post by Rocky Thu Sep 28, 2017 4:32 am

     Gold falls to its lowest level in a month

     Gold falls to its lowest level in a month 2655
     Gold falls to its lowest level in a month Text  Gold falls to its lowest level in a month Html  Gold falls to its lowest level in a month Print
     Gold falls to its lowest level in a month Arrow Arab and international
    Economy News _ Baghdad
    Gold fell to its lowest level in more than a month on Thursday, as the dollar rallied on expectations of a rise in US interest rates in December, while platinum traded below palladium for the first time since 2001.
    Spot gold fell 0.2% to $ 1278.36 an ounce by 06:07 GMT, after hitting its lowest level since August 16 earlier in the session.
    The yellow metal fell 0.5% in US futures contracts delivery in December to $ 1281.30 an ounce.
    The dollar and the yield on US bonds rose after US President Donald Trump proposed a tax reform in the United States, the largest in three decades, as strong economic data boosted the rationale for higher interest rates later this year.
    The rise in the dollar would make gold more expensive for holders of other currencies, while higher interest rates would increase bond yields and undermine the demand for a non-yielding yellow metal.
    Among other precious metals, platinum fell 0.1% to $ 914.85 an ounce, after hitting its lowest level since July 20, while palladium dropped 0.4% to $ 922.60 an ounce.
    The palladium reached the price limit with platinum on Wednesday for the first time since 2001.
    Automakers use metal to manufacture exhaust purification systems, but platinum is more widely used in diesel-powered vehicles, which have fallen in popularity since the Volkswagen exhaust tire scandal in 2015.
    In contrast, palladium has benefited from a shift to gasoline-powered engines and growth forecasts for hybrid electric motors that tend to use gasoline.
    Silver fell 0.3 percent to $ 16.69 an ounce, after falling to its lowest level since August 16 at $ 16.64 an ounce.



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