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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

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    Gold prices rise globally with the decline of the dollar

    Rocky
    Rocky
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    Gold prices rise globally with the decline of the dollar Empty Gold prices rise globally with the decline of the dollar

    Post by Rocky Fri Feb 04, 2022 10:49 pm

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    Gold prices rise globally with the decline of the dollar
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    Gold prices rose with the dollar's decline, on Friday, as markets awaited the US jobs report, which may affect the Federal Reserve's tendency to tighten monetary policy, according to "Reuters".
    Spot gold rose 0.1% to $1,805.90 an ounce by 08:01 GMT.
    US gold futures rose 0.2% to $1,807.20.
    If the US jobs report encourages the general tendency within the Fed to tighten monetary policy, it should lead to a significant decline in gold prices, said Ilya Spivak, an expert in currency trading at Daily Forex.
    Gold rose by 0.9% this week as the dollar's decline increased the demand for the precious metal.
    Among other precious metals, spot silver prices rose 0.3% to $22.47 an ounce, platinum fell 0.4% to $1029.49 and palladium increased 0.9% to $2344.98.
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