{"id":43007,"date":"2021-03-17T11:34:13","date_gmt":"2021-03-17T07:34:13","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43007"},"modified":"2021-03-17T11:34:20","modified_gmt":"2021-03-17T07:34:20","slug":"gold-rises-boosted-by-a-bet-on-inflation-ahead-of-the-fed-meeting","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-boosted-by-a-bet-on-inflation-ahead-of-the-fed-meeting\/03\/17\/market-updates\/","title":{"rendered":"Gold Rises Boosted by a Bet on Inflation Ahead of The Fed Meeting"},"content":{"rendered":"\n<p>Gold rose on Wednesday, March 17th, hovering near its highest level in more than two weeks, amid expectations of a higher level of inflation, although trading was limited to a narrow range, with investors showing caution before the two-day policy committee meeting of the Federal Reserve.<\/p>\n\n\n\n<p>Gold rose 0.3% in the spot market to $1736.42 an ounce, and earlier it had touched the highest level since the first of March at $1740.90.<\/p>\n\n\n\n<p>In futures trading in the US, the yellow metal rose 0.3% to $1735.40.<\/p>\n\n\n\n<p>The dollar won for the fourth session, supported by high US revenues thanks to expectations of a stronger economic recovery after a package to revive the economy worth $1.9 trillion signed by the US President to turn into law last week.<\/p>\n\n\n\n<p>In terms of other precious metals, silver fell 0.2% to 25.90 an ounce, and palladium lost 0.3% to $2490.16 after hitting a year high of $2520.31 yesterday, while platinum fell 0.4% to $1207.56.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold rose on Wednesday, March 17th, hovering near its highest level in more than two weeks, amid expectations of a higher level of inflation, although trading was limited to a narrow range, with investors showing caution before the two-day policy committee meeting of the Federal Reserve. Gold rose 0.3% in the spot market to $1736.42 &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-43007","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\/43007","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=43007"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43007\/revisions"}],"predecessor-version":[{"id":43008,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43007\/revisions\/43008"}],"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=43007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}