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Gold Prices hit the Six-year high above the Key $1500 Level in the US

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Gold prices have been taking a jump in the US trading market and recently it crossed $1500 level to reach the six-year high figure. Along with the gold, the silver prices also hit a 13-month high of $17.01 on the basis of December Comex futures. The demand for the two precious metals is increasing across the world. Due to this, December gold futures were last up $23.50 an ounce at 1,507.70 and September Comex silver saw a jump of $0.52 at $16.965 an ounce.

The US-China trade war is the major factor responsible for the present situation of the marketplace. China’s central bank has set its currency, the yuan, exchange rate with the US dollar at 7.0211, which is just below the psychological 7 barrier. This is the lowest fixing set by the Chinese central bank in the last 11 years. This had led to Donald Trump labelling China a “currency manipulator”. The world marketplace will play a crucial role in determining the exchange rate because China has been accused of using its currency as a trade weapon which is why the US also accused China of using its currency for manipulating things in the market.

Michael from Melbourne Gold Company reported that many people sell gold bullion by noticing a sharp increase in the prices of gold and silver. These people have had their gold investments for many years and sell seeing gold prices hit record high’s. This helps them to profit from the market. However, the selling just gets absorbed as the gold bulls have the strong near-term technical advantages and psychical buying is still very strong even at record high gold prices. September silver futures bulls also have the solid overall near-term technical advantage. And the US dollar index is currently trading at a lower level in the early US trading. The US economic data also includes the weekly MBA mortgage applications survey, consumer credit, and the weekly DOE liquid energy stocks report.

A multi-lingual talent head, Jimmy is fluent in languages such as Spanish, Russian, Italian, and many more. He has a special curiosity for the events and stories revolving in and around US and caters an uncompromising form of journalistic standard for the audiences.

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Belvoir Tobacco Pipe May be Connected with Ancestors Enslaved in Anne Arundel

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Maryland – A tobacco pipe was found along the Generals Highway and it can be helpful to know about the African ancestors who had lived the slave life in Anne Arundel. Archaeologists from the Maryland Department of Transportation State Highway Administration found four more clay tobacco pipe stems in the slave quarter at Belvoir and they sent the pipe stems for DNA test in a lab at the University of Illinois Urbana-Champaign.

The pipe stems were tested in the lab and doctors identified a woman’s ancient DNA on one of the stems. But the DNA was degraded enough to prevent any conclusion of linking to living descendants. A doctor at the University of Copenhagen also tested the pipe stems and found that the woman could be related to Mende people living in present day Sierra Leone in West Africa. This is the first time scientists have proved human DNA from a 200 year old tobacco pipe stem and they connected the DNA with the ancient people.

It is a new way to get DNA from archaeological sites that nobody has dreamed of yet. There are several best tobacco pipes available in the market and these clay pipe stems are the part of them. A lot of slaves didn’t have names recorded and now this is a good opportunity to know about their origin and families.

Dr. Ripan Malhi, head of an ancient DNA (aDNA) laboratory at the University of Illinois Urbana-Champaign, said that they often study human skeletal every time they find one and it is a good opportunity to recover DNA from few hundred years old tobacco pipes.

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