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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 trading is weak after yesterday's recovery attempts

    Rocky
    Rocky
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    Posts : 267081
    Join date : 2012-12-21

     Gold trading is weak after yesterday's recovery attempts Empty Gold trading is weak after yesterday's recovery attempts

    Post by Rocky Wed 25 Apr 2018, 2:39 am

     Gold trading is weak after yesterday's recovery attempts


     Gold trading is weak after yesterday's recovery attempts 7522


    Gold saw weak movements during the Asian trading session on Wednesday after trying to recover from Tuesday's low of three weeks, as the dollar rose and the yield on government bonds rose. 
    The greenback rallied against the majors to trade near the top in two months as support for the improvement in economic data and 10-year government bond yields rose above 3%. 
    The yield on US government bonds has soared since the beginning of the week 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.
    As for the stock indices, they started to fall on the back of rising demand for bond markets that provide investors with a return to the stock market, but gold did not benefit from the decline in stocks because of the negative pressure on it. 
    Gold prices traded at $ 1329.05 per ounce after hitting a low of $ 1328.31 an ounce and opened today's session at $ 1329.84 an ounce reaching a high of $ 1332.03 an ounce.
     


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