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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 is heading towards gains for the third week in a row

    Rocky
    Rocky
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    Gold is heading towards gains for the third week in a row Empty Gold is heading towards gains for the third week in a row

    Post by Rocky Fri Apr 23, 2021 7:56 am

    [size=35][size=35]Gold is heading towards gains for the third week in a row[/size]
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    Economie

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    2021-04-23 | 02:59
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    Gold prices stabilized today, Friday, and the yellow metal is heading towards achieving its third consecutive weekly gain after US President Joe Biden proposed raising the tax on capital gains.


    The US President’s suggestion pressured the US Treasury yields, while the yellow metal was also supported by the weak dollar.

    Gold settled in spot transactions at $ 1783.28 an ounce, by 05:45 GMT. The metal jumped to its highest level since February 25 at $ 1797.67 on Thursday, adding about 0.4 percent since the beginning of this week.







    While US gold futures rose 0.1 percent to $ 1783.90 an ounce.

    And the yields of the US Treasury bonds for ten years decreased due to the news that Biden will introduce a plan to increase taxes on high-income earners, and the weak dollar has also raised the demand for gold for holders of other currencies.

    Confirming the recovery in Asian demand for the yellow metal, shipments increased to [You must be registered and logged in to see this link.] To their highest levels since 2013, which led Swiss gold exports to rise to the highest level in ten months.

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      Current date/time is Tue Nov 26, 2024 8:24 am