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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 prices fell globally in conjunction with a slight rise in the dollar

    Rocky
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    Gold prices fell globally in conjunction with a slight rise in the dollar Empty Gold prices fell globally in conjunction with a slight rise in the dollar

    Post by Rocky Wed 12 May 2021, 7:17 am

    [size=35][size=35]Gold prices fell globally in conjunction with a slight rise in the dollar[/size]
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    Economie

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    12-05-2021 | 06:25
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    Gold prices fell today, Wednesday, in conjunction with the increase in US Treasury yields and a slight increase in the dollar's price.


    CNBC said that the decline in gold comes ahead of highly-anticipated consumer price data in the United States due to be released later in the day.
    And gold fell by 05:10 GMT, in immediate transactions, 0.4%, to $ 1829.94 an ounce. US gold futures fell 0.3% to $ 1830.30, while the dollar index rose 0.3%, making gold less attractive to holders of other currencies.






    In the same context, the yields of the benchmark 10-year US Treasury bonds rose for more than a week, which raises the opportunity cost of owning gold, and palladium increased 0.3% to $ 2945.02 an ounce, silver fell 0.9% to 27.38, while platinum lost 0.5% to $ 1229.02. .
    On Saturday, gold prices rose to record levels, the highest in 6 months, to achieve the best weekly performance during this period.
    CNBC said that gold prices rose by more than 1%, after an unexpected decline in US job growth in April, which accelerated dollar losses and Treasury yields.

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