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


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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 hits "worst monthly performance"

    Rocky
    Rocky
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    Posts : 281865
    Join date : 2012-12-21

    Gold hits "worst monthly performance" Empty Gold hits "worst monthly performance"

    Post by Rocky Fri 29 Sep 2017, 9:16 am


    Gold hits "worst monthly performance"

    14:57 - 29/09/2017


    Gold hits "worst monthly performance" %D8%B0%D9%87%D8%A8-6-696x435
    Information / follow-up ...
    Gold prices remained flat on Friday amid pressure from the dollar, but it is heading for its biggest monthly loss since the beginning of the year, as US interest rates rise in December.
    There was little change in spot gold at 7:20 GMT to settle at $ 1286.96 an ounce, heading for a 2.5 percent fall in September, the biggest monthly decline since the beginning of 2017, the largest since November 2016.
    But the metal is heading towards ending the quarter, up about 3.7 percent, after gold futures in the US futures contract rose 0.1 percent to $ 1289.70 an ounce.
    The dollar index, which tracks the performance of the greenback against major currencies, has been on track for its biggest weekly gain since the start of the year as investors assess the US President's tax plan and the policy outlook of the US central bank.
    Gold is heavily affected by higher interest rates, which increases the cost of alternative opportunities to metal holders, which does not generate a return while the dollar strengthens.


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