according to For gold investors, the old question lingers, "What going to hight interest averages mean for the value of gold?" The easy viewpoint has been which hight averages are bad for gold because gold isn't an interest-bearing asset. Why would you own gold if interest averages are hight & gold does not pay you anything? There are those that see hight interest averages as perfect for gold, & there are those which see hight interest averages as harmful to the value of gold. On a every month or yearly basis, it Information Systems difficulty to conclude which the federal funds average leads to gold, or gold leads the federal funds rate. Over the past fourty years, the information shows which gold could lead interest rates, or interest averages could lead gold.
collected by :kiven Dixter
Gold Prices Holding Gains, Ignoring 7% down In Housing Starts
(Kitco News) - The gold market Information Systems seeing tiny reaction to weaker than foreseen housing construction data. Friday, the Commerce section told housing starts dropped 7% in February to a seasonally adjusted annual average of 1.236 mn units. At the same time, building permits â€" important as an indicator of aftertime construction activity â€" final 30 days fell 5.7% to 1.298 mn final month. Economists were expecting to see a modest decline to 1.32 mn permits. The market Information Systems holding on to generality of its gains by April gold futures final trading at $1,320.40 an ounce, up 0.20% on the day.referring to
collected by :kiven Dixter
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