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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 rises at settlement after Federal Reserve decision

    Rocky
    Rocky
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    Gold rises at settlement after Federal Reserve decision Empty Gold rises at settlement after Federal Reserve decision

    Post by Rocky Fri Dec 15, 2017 5:29 am

    Gold rises at settlement after Federal Reserve decision






    2017/12/15 00:16


    (Encyclopedia of this Day News | Iraq News ) - Live: Gold prices rose at the settlement of trading on Thursday, against thebackdrop of the Federal Reserve Bank 's decision to raise interest rate Alomrakh which agreed expectations.


    The Federal Reserve today announced a 25bp rate hike of 1.25-1.5% for the third time this year, with another three interest rate increases expected next year.


    The US central bank also decided to set its inflation rate for next year at 1.9% but raised its economic growth forecast for 2018 to 2.5% from 2.1% earlier.


    Gold was up 0.7%, or $ 8.5, to $ 1,257.1 an ounce.


    Gold gains since the beginning of the year have so far reached about 9% in support of geopolitical uncertainty.


    By 8:13 pm GMT, the spot price of the yellow metal settled at $ 1254.8 an ounce.


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