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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 falls globally amid anticipation of "Powell's" speech

    Rocky
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    • Post n°1

    Gold falls globally amid anticipation of "Powell's" speech Empty Gold falls globally amid anticipation of "Powell's" speech

    Post by Rocky Thu 08 Sep 2022, 4:41 am

    [size=35][size=35]Gold falls globally amid anticipation of "Powell's" speech[/size]
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    Economie

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    2022-09-08 | 04:07
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    Alsumaria News - Economy
    Gold prices fell today, Thursday, while investors awaited statements by Federal Reserve Chairman (US Central Bank) Jerome Powell and the European Central Bank's decision regarding the expected interest rate later today.


    And gold fell in spot transactions 0.1% to $ 1716.59 an ounce (an ounce) by 06:09 GMT, after rising by about one percent on Wednesday.
     
    US contracts did not witness little change and settled at 1728 dollars.





     
    This comes as the dollar index settled near its highest level in two decades, which it touched in the previous session.
     
    And he said[url=https://www.alsumaria.tv/Entity/3122351191/%D8%A8%D8%B1%D9%8A%D8%A7%D9%86 %D9%84%D8%A7%D9%86/ar/]Brian Lan[/url], managing director of Gold Silver Central, based in[You must be registered and logged in to see this link.]"A lot of people are looking forward to what he's going to say[You must be registered and logged in to see this link.]Tonight, and whether there is any indication of what the Fed will do at the end of the month."
     
    The Fed is expected to raise the interest rate by another 50 or 75 basis points this month.
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    Investors also expect the European Central Bank to announce a large interest rate hike to curb inflation in its expected decision at 12:15 GMT. The decision is due to be followed by a press conference with Bank President Christine Lagarde.
     
    As for other precious metals, platinum fell 0.4% to $863.02 an ounce, and palladium fell 0.3% to $2037.47. Silver settled at $18.5143.
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