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Gold Up 2.6 Percent on Interest Rate Report
Gold Silver Reports ~ Gold climbed to its highest in almost nine months on Thursday as the dollar, U.S. Treasury yields and equity markets dipped on bets that the Federal Reserve could find it hard to raise U.S. interest rates this year.
Gold Rocket on U.S. Rate Hike Report
Gold Silver Reports ~ Gold climbed more than 1 percent to its highest in 8 months on Thursday after Federal Reserve Chair Janet-Yellen stressed that U.S. interest rates would rise gradually.
The Fed is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth have raised risks to the U.S. economy, Yellen told U.S. lawmakers on Wednesday.
*A slowing of rate hikes could help bullion, keeping down the opportunity cost to hold it.
*Spot gold Zoom to $1,213 an ounce, its highest since May 22, before paring gains to trade up 0.9 percent at $1,208.27 by 0059 GMT.
Gold Silver Blast But We Missed Just 15 Points
Yesterday My Paid Clints Gold Buy Bid @ 28010 and Low 28025 Gold MCX Blast But We Missed Just 15 Points 🙁 Yesterday My Paid Clints …
After Yellen Reports, Gold Near 8 Month High
Gold Silver Reports ~ After Yellen Reports, Gold Near 8 Month High on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only “gradual” adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth.
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You’re a spiritual being in human form. Sometimes you simply desire to connect with a soul who feels like home
