{"id":33233,"date":"2020-08-27T12:10:19","date_gmt":"2020-08-27T08:10:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33233"},"modified":"2020-08-27T12:10:20","modified_gmt":"2020-08-27T08:10:20","slug":"gold-declines-with-profit-taking-and-investors-awaited-signs-from-the-us-federal","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-declines-with-profit-taking-and-investors-awaited-signs-from-the-us-federal\/08\/27\/market-updates\/","title":{"rendered":"Gold Declines With Profit-Taking and Investors Awaited Signs From The US Federal"},"content":{"rendered":"\n<p>Gold fell Thursday, August 27th, following a sharp increase in the previous session as investors adjusted their positions to focus on whether the US Federal Reserve chairman will hint at a change in monetary strategy.<\/p>\n\n\n\n<p>By 06:22 GMT, spot gold fell 0.8% to 1938.32 dollars an ounce, after rising 1.3% on Wednesday. And US gold futures fell 0.3% to 1946.70 dollars an ounce.<\/p>\n\n\n\n<p>Powell is expected to deliver a speech at the annual conference of central bankers at 13:10 GMT as investors look to indicators on inflation and monetary strategy.<\/p>\n\n\n\n<p>The dollar index touched its lowest level in about a week, while caution prevailed in global stock markets due to fears of renewed tension between China and the United States, after Washington blacklisted 24 Chinese companies and reports about Beijing&#8217;s testing of missiles in the South China Sea.<\/p>\n\n\n\n<p>As for the rest of the precious metals, silver fell 1.5% to $ 27.12 an ounce, palladium fell 1.1% to $ 2,172.93, and platinum fell 0.2% to $ 926.59 an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold fell Thursday, August 27th, following a sharp increase in the previous session as investors adjusted their positions to focus on whether the US Federal Reserve chairman will hint at a change in monetary strategy. By 06:22 GMT, spot gold fell 0.8% to 1938.32 dollars an ounce, after rising 1.3% on Wednesday. And US gold &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":[36],"tags":[6885,6874,6842],"class_list":["post-33233","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-fed","tag-gold","tag-us"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33233","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=33233"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33233\/revisions"}],"predecessor-version":[{"id":33234,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33233\/revisions\/33234"}],"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=33233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}