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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 at its lowest level in a week as demand plummeted

    Rocky
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    Gold at its lowest level in a week as demand plummeted Empty Gold at its lowest level in a week as demand plummeted

    Post by Rocky Mon 23 Apr 2018, 2:26 am

    Gold at its lowest level in a week as demand plummeted



    Gold at its lowest level in a week as demand plummeted 7466


    Gold fell to a one-week low on Monday as the US dollar recovered and demand for safe haven fell on bond markets. 
    The yield on US government bonds rose during today's session and hit its highest level since January 2014, helping to pull trades from the gold and commodity markets to bond markets that offer a return, unlike investing in gold. 
    Expectations are growing again that the Federal Reserve may accelerate the pace of raising interest rates as inflation rates stabilize and their expectations, which has led to a decline in demand for safe investment and increased demand for bond markets.
    On the other hand, equity markets are supported by improved global corporate earnings despite geopolitical tensions, weakening gold trading as an alternative to equity markets. 
    Gold prices were trading at $ 1333.62 an ounce after hitting a low of $ 1331.74 per ounce and opened today's session at $ 1334.19 an ounce reaching $ 1335.34 an ounce.


    http://economy-news.net/content.php?id=12045

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