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Decline in Gold prices due to slow demand following decisions of Federal Reserve

Decline in Gold prices due to slow demand following decisions of Federal Reserve

On Wednesday, gold price fell in the European market with a continuous 3rd loss in the last 4 days. The investment demand showed a significant amount of decrease for gold. The recent move was following the decisions of Federal Reserve at the end of its monitory policy meeting. The agency is expected to include clear evidence of U.S interest rate cuts during current year. It is noteworthy that gold prices declined by 0.3% to trade at $1,342.45/ ounce from the…

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Gold Prices go up After Decline

Gold Prices go up After Decline

Iraqi Dinar 123 News:– Gold prices have been going down for some time but after a constant decline of two weeks the prices suddenly stabled and went up a bit. This was a great sign for gold investors that gold came up after two weeks of going down in the market has come up. The Federal Reserve Bank of the held a meeting on the bases of the gold issues to raise the interest rates in the US due to…

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Gold Prices Go Down

Gold Prices Go Down

Iraqi Dinar 123 News:– It was seen that the Gold prices kept coming down. It was the fifth session that marked the constant lowering of the prices thus ending at the least price in the past two months. It was also noticed that the price of the dollar went up even though the Federal Reserve announced that they might increase the rate of interest on the dollar. It was seen that the labor market in the US was facing a…

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Gold above $ 1,250 amid the shaky performance of stocks

Gold above $ 1,250 amid the shaky performance of stocks

GOLD ABOVE $ 1,250 AMID THE SHAKY PERFORMANCE OF STOCKS AND WEAK DEMAND BAGHDAD / WAP / follow-up / gold settled above $ 1,250 an ounce (an ounce), on Wednesday, after he failed to Asian stocks for maintaining a modest rally amid concerns about global economic growth. The gold trader within the scope of $ 3.52 is the narrowest since late December, with sizes affected by the closure of markets on the occasion of the ChineseLunar New Year. There is cautious ahead of U.S. jobs report…

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U.S. dollar rises against “yen” and “euro”

U.S. dollar rises against “yen” and “euro”

U.S. DOLLAR RISES AGAINST “YEN” AND “EURO” The dollar rose against the yen yesterday supported the rise of U.S. Treasury yields, renewed talk that the Federal Reserve(central bank), the U.S., could be announced next week for further reduction of monetary easing measures.The euro fell against the dollar to 1.3535 dollars, the center of the focus on a survey conducted by the Institute «ZEW» and German, which was scheduled to announce its results later yesterday, may give an indication of how the cohesion of confidence in the…

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