{"id":42655,"date":"2021-03-09T18:48:43","date_gmt":"2021-03-09T14:48:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42655"},"modified":"2021-03-09T18:49:37","modified_gmt":"2021-03-09T14:49:37","slug":"gold-rebounds-as-treasury-yields-and-usd-pull-back","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rebounds-as-treasury-yields-and-usd-pull-back\/03\/09\/market-updates\/","title":{"rendered":"Gold Rebounds as Treasury Yields and USD Pull Back"},"content":{"rendered":"\n<p>Gold prices declined on Tuesday, as Treasury bond yields pulled back from their year-high, which also increased selling pressure on the U.S. Dollar (USD).<\/p>\n\n\n\n<p>The yellow metal futures for April delivery rose by 2.14% 1,713.80 per ounce and reached a high of $1,718.05 earlier today.<\/p>\n\n\n\n<p>This is attributed to the decline of the USD, as the Dollar Index (DXY) that measures the greenback\u2019s performance against a basket of international rivals was last lower for the day by 0.37% at 91.98.<\/p>\n\n\n\n<p>Meanwhile, the benchmark 10-year Treasury bond yield is down by about six basis points at 1.541%. It has been moving today in a range between 1.526% and 1.599%, nearing its lowest level in about a week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices declined on Tuesday, as Treasury bond yields pulled back from their year-high, which also increased selling pressure on the U.S. Dollar (USD). The yellow metal futures for April delivery rose by 2.14% 1,713.80 per ounce and reached a high of $1,718.05 earlier today. This is attributed to the decline of the USD, as &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31385,"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-42655","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\/42655","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42655"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42655\/revisions"}],"predecessor-version":[{"id":42657,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42655\/revisions\/42657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31385"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}