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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 is falling to the red

    Rocky
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    • Post n°1

    Gold is falling to the red Empty Gold is falling to the red

    Post by Rocky Fri 12 Mar 2021, 6:48 am


    Gold is falling to the red

    13:23 - 12/03/2021


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    The information / Baghdad ..
    Gold prices fell today, Friday, with the increase in US bond yields and the strength of the dollar, but despite this decline, the metal is heading towards recording its best weekly performance in seven weeks.
    Spot gold fell 0.3 percent to $ 1716.86 an ounce, by 05:46 GMT. The metal fell to its lowest level in nine months on Monday, but the decline in Treasury yields sparked a recovery in gold's position on the path of achieving a weekly gain of 1 percent.
    “It is basically the job of high returns, and although the returns have not continued to rise, the problem is that they have not decreased, and this is a problem,” said Stephen Ince, chief market strategist at Axi Financial Services.
    He added, "Gold will stabilize at about $ 1,700 unless we reach a new level due to high returns."
    Record US Treasury yields rose, raising the opportunity cost of holding gold, while the dollar recovered from its lowest level in nearly a week.
    As for the other precious metals, silver fell 0.6 percent to $ 25.91 an ounce, but it is heading towards recording the best week since late January, up 2.9 percent. Palladium fell 0.2% to $ 2,339.48.
    Platinum rose 0.4% to $ 1,200.31 and is on track to achieve its best weekly performance in four weeks, with a gain of 6.3%.
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