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


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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 With Dollar Rise

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268304
    Join date : 2012-12-21

    Gold Falls With Dollar Rise Empty Gold Falls With Dollar Rise

    Post by Rocky Wed 21 Mar 2018, 2:07 am

    Gold Falls With Dollar Rise

    08:30 - 21/03/2018
    0



    Gold Falls With Dollar Rise %D8%B0%D9%87%D8%A8-3-696x435
    Information / follow-up ...
    Gold prices fell Tuesday as the dollar rose ahead of the Federal Reserve's meeting, which is expected to raise interest rates for the first time this year.
    The Reserve Council meeting, which began on Tuesday, has helped gold fall 4 percent since hitting its highest level in a year and a half in January.
    The US interest rate is negatively impacting gold as it raises bond yields and undermines the attractiveness of a yellow metal that is not yielding. The rate hike also strengthens the dollar, which increases the cost of gold to holders of other currencies.
    Spot gold fell 0.4 percent to $ 1310.78 an ounce, while the dollar rose against a basket of major currencies and US bond yields rose.
    In April, gold fell by 0.5 percent to settle at $ 1311.9 an ounce.
    In the past few years, gold prices have tended to fall before US interest rates rise and then rise.
    Among other precious metals, spot silver fell 0.8 percent to $ 16.17 an ounce after hitting its lowest level in three months. Like gold, silver fell about 9 percent from a four-month high hit in January
    http://www.almaalomah.com/2018/03/21/293104/

      Current date/time is Wed 17 Apr 2024, 8:10 pm