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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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    Global gold price hike

    Rocky
    Rocky
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    Global gold price hike Empty Global gold price hike

    Post by Rocky Mon 21 Jun 2021, 6:35 am

    [size=35][size=35]Global gold price hike[/size]
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    Economie

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    2021-06-21 | 06:03
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    Gold prices rose on Monday, after suffering losses over six sessions, as falling US Treasury yields boosted the attractiveness of the non-yielding metal.


    Spot gold rose 0.7% to $1,776.10 an ounce by 07:32 GMT, while US gold futures rose 0.4% to $1,775.50 an ounce.
     
    She said [url=https://www.alsumaria.tv/Entity/778996723/%D9%85%D8%A7%D8%B1%D8%AC%D8%B1%D9%8A%D8%AA %D9%8A%D8%A7%D9%86%D8%AC/ar/]Margaret Young[/url]An expert at Daily FX, said that real returns are falling, which contributes to the stability of gold prices and the attempt to recover, adding, “Investors are also taking advantage of this opportunity to buy at a low price in light of the growing inflationary pressures.”





     
    The US Treasury yield fell to its lowest level since late February earlier in the session, reducing the opportunity cost of holding non-yielding gold.
     
    At the same time, the dollar stabilized near its multi-month peak reached in the previous session.
     
    Last week, gold recorded its worst weekly performance since March 2020, after indicating [url=https://www.alsumaria.tv/Entity/126016/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A/ar/]reserve[/url] The Federal Reserve to tighten monetary policy earlier than expected.
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    As for other precious metals, platinum earlier recorded its lowest level since January 11 at $ 1019 an ounce, and in the latest trading, it fell 0.2% to $ 1032.46.
     
    Palladium rose 1.3 percent to $1,497.73 an ounce, while silver advanced 0.5 percent to $25.92
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