{"id":33067,"date":"2020-08-24T12:46:24","date_gmt":"2020-08-24T08:46:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33067"},"modified":"2020-08-24T12:46:32","modified_gmt":"2020-08-24T08:46:32","slug":"gold-dropping-as-risk-appetite-increases","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-dropping-as-risk-appetite-increases\/08\/24\/market-updates\/","title":{"rendered":"Gold Dropping as Risk Appetite Increases"},"content":{"rendered":"\n<p>Gold prices fell as the appetite for risk improved after the US Drug Administration approved the use of blood plasma for people recovering from Covid-19 disease as a treatment option, while the dollar rose.<\/p>\n\n\n\n<p>With the closure of the Tokyo Stock Exchange, the spot price of gold was down 0.4% to 1932.48 dollars an ounce, after hitting its lowest level in a week at 1910.99 dollars on Friday. US gold futures fell 0.2% to $ 1942.60.<\/p>\n\n\n\n<p>&#8220;The positive news related to the virus is putting some pressure on the sentiment at the moment as stocks and other high-risk assets helped to rise today,&#8221; said Stephen Ince, chief market strategist at AxiCorp Financial Services, adding that gold pauses for breathtaking ahead of the Fed chairman&#8217;s speech. At a Jackson Hole meeting.<\/p>\n\n\n\n<p>Silver fell 1.6% to 26.26 dollars an ounce, platinum fell 0.5% to 913.61 dollars, and palladium fell 1.1% to 2158.65 dollars an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell as the appetite for risk improved after the US Drug Administration approved the use of blood plasma for people recovering from Covid-19 disease as a treatment option, while the dollar rose. With the closure of the Tokyo Stock Exchange, the spot price of gold was down 0.4% to 1932.48 dollars an ounce, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32631,"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":[38,36],"tags":[6874],"class_list":["post-33067","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33067","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33067"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33067\/revisions"}],"predecessor-version":[{"id":33068,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33067\/revisions\/33068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32631"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}