
dollar strength
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Gold reaches near 4-week high on lower dollar, Fed uncertainty
- October 13, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Gold, Government, News
No CommentsGold rose on Monday, with the spot price hitting a near four-week high of $1,237.30 an ounce, amid a drop in the dollar and uncertainty over when the Federal Reserve might raise interest rates. The previous week gold posted a 2.7% gain, its largest weekly gain in four months. The minutes from the Federal Reserve’s mid-September meeting were
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Infographic: “Then vs. Now: What Does $1 Buy You?”
- September 29, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Featured, Gold, Infographics, Learn
Mashable has created an infographic depicting how much $1 would buy you in the past as compared to what it can buy you in 2014. The introduction reminds us that “The dollar ain’t quite what it used to be.” For example, $1 in 1913 could be used to purchase 4 lbs. of sirloin steak, while today $1 can only
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