{"id":118313,"date":"2025-09-01T21:39:00","date_gmt":"2025-09-01T17:39:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118313"},"modified":"2025-09-02T06:41:00","modified_gmt":"2025-09-02T02:41:00","slug":"will-gold-keep-climbing-as-the-dollar-falters","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/will-gold-keep-climbing-as-the-dollar-falters\/09\/01\/market-updates\/","title":{"rendered":"Will Gold Price Keep Climbing as the Dollar Falters?"},"content":{"rendered":"Gold continued its upward streak for the fifth consecutive session on Monday, capitalizing on a weakening U.S. dollar and building on positive price momentum from last week. The precious metal gained further support from rising geopolitical tensions, with a Financial Times report highlighting plans for European troops, backed by U.S. military support, to deploy in Ukraine, dimming hopes for peace talks. Renewed concerns over Iran\u2019s nuclear program also bolstered gold\u2019s appeal, alongside expectations of a Federal Reserve rate cut at its September meeting.<br \/><br \/>Last week, gold posted significant gains, rising about 2.3% by Friday, August 29, driven by the dollar\u2019s decline. A key factor was President Trump\u2019s renewed attacks on the Federal Reserve, including threats to remove Federal Open Market Committee member Lisa Cook over allegations of fraudulent mortgage documents. <br \/><br \/>Additionally, U.S. inflation data, particularly the Personal Consumption Expenditures index\u2014the Fed\u2019s preferred gauge\u2014showed a slowdown, aligning with market expectations of easing inflation and reinforcing bets on a September rate cut. With geopolitical risks and a softer dollar in play, can gold sustain its rally, or will new pressures shift the tide?<br \/><br \/>","protected":false},"excerpt":{"rendered":"<p>Gold continued its upward streak for the fifth consecutive session on Monday, capitalizing on a weakening U.S. dollar and building on positive price momentum from last week. The precious metal gained further support from rising geopolitical tensions, with a Financial Times report highlighting plans for European troops, backed by U.S. military support, to deploy in &hellip;<\/p>\n","protected":false},"author":13,"featured_media":99315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,36],"tags":[],"class_list":["post-118313","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118313"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118313\/revisions"}],"predecessor-version":[{"id":118316,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118313\/revisions\/118316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99315"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}