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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


    US Gold Prices recorded its biggest weekly drop in two months

    Rocky
    Rocky
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    US Gold Prices recorded its biggest weekly drop in two months Empty US Gold Prices recorded its biggest weekly drop in two months

    Post by Rocky Sat 21 May 2016, 2:24 am

    [ltr]US Gold Prices recorded its biggest weekly drop in two months[/ltr]

     Since 05.21.2016 at 08:20 (Baghdad time)
    [ltr]US Gold Prices recorded its biggest weekly drop in two months 9[/ltr]
    [ltr]Follow-up - the balance of News[/ltr]
    [ltr]Gold prices fell for the third straight session, its biggest weekly drop in almost two months and recorded with the growing expectations for an increase in US interest rates next month.[/ltr]
    [ltr]The price of gold fell 0.16 percent in online transactions to $ 1252.05 for an ounce at the end of trading on the New York Mercantile Exchange, ending the week on a drop of 1.6 percent in the third weekly loss in a row.[/ltr]
    [ltr]It fell US gold futures for June delivery to $ 1.90 to a record settlement at 1252.90 dollars an ounce.[/ltr]
    [ltr]Said William Dudley, president of the Federal Reserve Bank of New York that there is a strong feeling among the US central bank officials that the markets underestimate the likelihood of tighter monetary policy.[/ltr]
    [ltr]Dudley's comments came a day after the publication of the minutes of the central meeting in April, which revealed that most policy-makers feel that a rate hike might be appropriate next month, which prompted gold to fall to its lowest level in three weeks at $ 1244 in the previous session.[/ltr]
    [ltr]And it influenced a lot of gold to raise interest rates, which increases the cost of lost opportunity costs of the holders of the yellow metal, which does not generate a return. Gold climbed 18 percent since the beginning of this year as investors bet that the Fed postpone new increases in interest rates.[/ltr]
    [ltr]Among other precious metals silver rose 0.22 percent to $ 16.51 an ounce, while platinum rose 0.82 percent to $ 1017.75 an ounce and palladium rose 0.24 percent to $ 555.81 an ounce.[/ltr]
    [ltr]Palladium scored the biggest weekly loss of 5.6 percent demoted. Ended 29/4 e[/ltr]


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