{"id":33481,"date":"2020-09-02T14:25:45","date_gmt":"2020-09-02T10:25:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33481"},"modified":"2020-09-02T14:25:47","modified_gmt":"2020-09-02T10:25:47","slug":"gold-falls-with-the-rise-of-us-dollar","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-falls-with-the-rise-of-us-dollar\/09\/02\/market-updates\/","title":{"rendered":"Gold Falls With The Rise of US Dollar"},"content":{"rendered":"\n<p>Gold prices fell on Wednesday, September 2nd as the dollar rebounded after strong data for the US industrial sector supported hopes for a rapid global economic recovery, which made the yellow metal lose some of its appeals as a safe haven.<\/p>\n\n\n\n<p>Gold spot fell 0.4% to 1962.63 dollars an ounce by 05:02 GMT, after hitting 1991.91 dollars on Tuesday, the highest level since August 19. the metal futures trading in the United States fell 0.5% to 1969 dollars.<\/p>\n\n\n\n<p>The dollar index rose from its lowest level in two years after US data showed that manufacturing activity accelerated to near its highest level in two years in August. A strong dollar raises the cost of gold to holders of other currencies.<\/p>\n\n\n\n<p>As for the other precious metals, silver fell 0.7% to $ 27.96 an ounce, platinum lost the same percentage to $ 933.88, and palladium fell 0.5% to $ 2259.52.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell on Wednesday, September 2nd as the dollar rebounded after strong data for the US industrial sector supported hopes for a rapid global economic recovery, which made the yellow metal lose some of its appeals as a safe haven. Gold spot fell 0.4% to 1962.63 dollars an ounce by 05:02 GMT, after hitting &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30734,"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":[6877,6874,7158],"class_list":["post-33481","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-dollar","tag-gold","tag-trading"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33481","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=33481"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33481\/revisions"}],"predecessor-version":[{"id":33482,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33481\/revisions\/33482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30734"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}