{"id":34729,"date":"2020-09-30T13:44:12","date_gmt":"2020-09-30T09:44:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=34729"},"modified":"2020-09-30T13:44:14","modified_gmt":"2020-09-30T09:44:14","slug":"gold-on-its-way-to-post-worst-month-since-november-2016","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-on-its-way-to-post-worst-month-since-november-2016\/09\/30\/market-updates\/","title":{"rendered":"Gold on Its Way to Post Worst Month Since November 2016"},"content":{"rendered":"\n<p>The yellow metal continues on its way to post its biggest monthly decline in nearly 4 years, driven by the strong US dollar and the return of caution to the markets after the first presidential debate in the United States.<\/p>\n\n\n\n<p>Spot gold fell 0.6% to 1,885.81, down 4.3% since the beginning of the month, and will be the worst monthly performance since November 2016. US gold futures fell 0.5% to $ 1893.30.<\/p>\n\n\n\n<p>The dollar index, which measures the strength of the US currency against a basket of major currencies, rose 0.1% and is making its way towards achieving the largest monthly gain since July 2019, which increases the cost of gold to holders of other currencies.<\/p>\n\n\n\n<p>For other precious metals, silver fell 1.7% to $ 23.76 an ounce, platinum fell 1.9% to 867.72, while palladium rose 0.5% to $ 2319.05.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The yellow metal continues on its way to post its biggest monthly decline in nearly 4 years, driven by the strong US dollar and the return of caution to the markets after the first presidential debate in the United States. Spot gold fell 0.6% to 1,885.81, down 4.3% since the beginning of the month, and &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30914,"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-34729","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\/34729","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=34729"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34729\/revisions"}],"predecessor-version":[{"id":34730,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34729\/revisions\/34730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30914"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}