Established in 2006 as a Community of Reality

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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Gold falls to lowest level in 9 months

    Rocky
    Rocky
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    Posts : 270479
    Join date : 2012-12-21

    Gold falls to lowest level in 9 months Empty Gold falls to lowest level in 9 months

    Post by Rocky Thu 24 Nov 2016, 2:52 am

    [size=37]Gold falls to lowest level in 9 months[/size]


    Journal News Follow-up
    Gold prices continued to decline, Thursday, very lowest level in more than nine months, influenced by the rise of the dollar to its highest level again since 2003, following the publication of the minutes of the last Fed meeting, boosting speculation of higher interest rates.
    Gold fell 0.63% in the spot transactions to $ 1187.50 an ounce, the lowest level since early February.
    The record price of the yellow metal in the US futures contracts declined 0.2% to $ 1185.65 an ounce.
    Among other precious metals silver fell 0.23% in the spot transactions to $ 16.312 an ounce, the lowest level since the seventh of June.
    It fell yesterday gold prices after the publication of the minutes of the Fed, which confirmed that the economy is improving enough to justify raising interest rates soon.
    And it influenced the yellow metal to raise interest rates, which increases the cost of the acquisition of assets that do not generate interest, such as the yellow metal denominated by the dollar and lifted the precious metal.

      Current date/time is Mon 20 May 2024, 11:15 pm