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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 rises as appetite for risk is hurt by trade tensions

    Rocky
    Rocky
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    Join date : 2012-12-21

    Gold rises as appetite for risk is hurt by trade tensions Empty Gold rises as appetite for risk is hurt by trade tensions

    Post by Rocky Wed 29 May 2019, 2:12 am

    Gold rises as appetite for risk is hurt by trade tensions

    Gold rises as appetite for risk is hurt by trade tensions 15443



    Gold prices rose on Wednesday as investors were risk averse to signs of an escalating trade war, but the strong dollar curbed the metal's rally.
    By 0607 GMT, spot gold rose 0.2 percent to $ 1281.59 an ounce. In the previous session, the yellow metal dropped from a week high of $ 1287.32 hit on Monday but received support at about $ 1275.
    Gold futures in the US futures contract rose 0.3 percent to $ 1280.80 an ounce.
    The safe-haven assets are in demand as investors worry about prospects for the global economy after a People's Daily report said Beijing was ready to use rare earth metals as a means of impact in its trade war with the United States.
    Although US 10-year Treasury yields fell to their lowest level since September 2017, the dollar managed to maintain its hold as investors rushed into the US currency on fears of a worsening US-China trade war.
    For other precious metals, palladium in spot transactions rose 0.7 percent to $ 1345.15 an ounce.
    Silver gained 0.3 percent to $ 14.39 an ounce, after hitting its lowest level since Dec. 3 at $ 14.25 an ounce, while platinum rose 0.3 percent to $ 798.11 an ounce.


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