OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» UFO News ~ UFOs Sighted Over Rio de Janeiro, Brazil plus MORE
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 11:11 am by PurpleSkyz

» The People of Ireland Say 'No More' to the Lunatics Running the Asylum
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:56 am by PurpleSkyz

» Supreme Court Sides With Biden, Dismisses Trump Administration’s Pending ‘Sanctuary City’ Cases
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:51 am by PurpleSkyz

» Families Burn Masks Outside State Capitol To Protest Lockdowns — Liberals Melt Down
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:47 am by PurpleSkyz

» Kerry cray cray Cassidy - The Whole Lie and Nothing But the Lies
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:40 am by PurpleSkyz

» The U.S. Economy Is Rigged
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:36 am by PurpleSkyz

» A Royal Conflict: Buckingham Palace vs. Hollywood
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:33 am by PurpleSkyz

» eROSITA X-Ray Telescope Spots Enormous Supernova Remnant
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:29 am by PurpleSkyz

» French Healthcare Workers Rebel Against Covid Vaccine En Masse
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:25 am by PurpleSkyz

» Bioethics and the New Eugenics
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:21 am by PurpleSkyz

» The 2020 Worldwide Corona Crisis
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:17 am by PurpleSkyz

» CDC: 1265 DEAD 25,212 Injuries Following Experimental COVID mRNA “Vaccines”
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyToday at 10:14 am by PurpleSkyz

» Best of TS Caladan Video
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 11:54 pm by PurpleSkyz

» Gab’s Torba Looking Into ‘Buying Our Own Bank’ After 4th Bank Ban In 4 Weeks
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 6:38 pm by PurpleSkyz

» Bad-clown Rising - Spider Bytes
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 6:34 pm by PurpleSkyz

» If You Want to Understand Why 5000 National Guardsmen Are Still in DC, Read the Indictment of Oath Keepers Involved in the Capitol Riot
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 5:20 pm by PurpleSkyz

» UFO News ~ UFO Sighting in Bogota, Colombia plus MORE
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 2:55 pm by PurpleSkyz

» A Solar Wind Stream is Heading for Earth - Geomagnetic Storm Watch - March 6, 2021
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 2:43 pm by PurpleSkyz

» New warp drive patent has emerged online
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 11:57 am by PurpleSkyz

» Why Were Emergency Vehicles At The US Capitol Building Feb 2, 2021?
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 11:52 am by PurpleSkyz

» COVID Vaccine Injury Reports Grow in Number, But Trends Remain Consistent
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 11:39 am by PurpleSkyz

» Clinton Aide Doug Band Flips, Implicates Boss in Pedophile Ring Probe
Gold Falls as Equities, Commodities Drop on U.S. Deadlock EmptyYesterday at 11:34 am by PurpleSkyz




You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Gold Falls as Equities, Commodities Drop on U.S. Deadlock

Gold Falls as Equities, Commodities Drop on U.S. Deadlock

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin
Gold Falls as Equities, Commodities Drop on U.S. Deadlock
By Debarati Roy & Whitney McFerron - 2013-09-30T18:37:35Z


Gold futures declined the most in more than a week as equities and commodities dropped with the U.S. government poised for its first partial shutdown in 17 years amid a budget dispute.
The MSCI All Country World Index and the Standard & Poor’s GSCI index of 24 raw materialsslumped as much as 1.1 percent. Republicans in the House of Representatives want to delay President Barack Obama’s Affordable Care Act for a year and make changes to the health-care law, and Democrats have vowed not to let that happen.
“Gold is suffering along with other commodities and equities,” Frank McGhee, the head dealer at Integrated Brokerage Services LLC in Chicago said in a telephone interview. “This is general asset liquidation, and people want to be on the sidelines because of the uncertainty.”
Gold futures for December delivery fell 0.9 percent to settle at $1,327 an ounce at 1:45 p.m. on the Comex in New York, the biggest drop for a most-active contract since Sept. 20. Trading was 32 percent below the average in the past 100 days, according to data compiled by Bloomberg.
Silver futures for December delivery fell 0.6 percent to $21.708 an ounce.
Sent Home
The precious metals posted their first quarterly advances in a year because of increased tensions between the U.S. and Syria and as retail purchases of jewelry, coins and bars rose after gold touched a 34-month low in late June. Bullion climbed 8.4 percent in the third quarter, and silver added 11 percent.
About 800,000 federal workers will be sent home tomorrow if the U.S. Congress fails to pass a stopgap spending bill before funding expires tonight.
On the New York Mercantile Exchange, platinum futures for January delivery fell 0.5 percent to $1,412.40 an ounce, trimming the quarter’s gain to 5.4 percent.
Palladium futures for December delivery slipped 0.6 percent to $727.15 an ounce. Prices rose 10 percent this quarter, the biggest jump since December 2010.
To contact the reporters on this story: Whitney McFerron in London atwmcferron1@bloomberg.net; Debarati Roy in New York at droy5@bloomberg.net.
To contact the editor responsible for this story: Patrick McKiernan atpmckiernan@bloomberg.net

Thanks to: http://www.bloomberg.com
and nannee for the forward



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum