{"id":47246,"date":"2021-06-21T14:06:05","date_gmt":"2021-06-21T10:06:05","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47246"},"modified":"2021-06-21T14:06:07","modified_gmt":"2021-06-21T10:06:07","slug":"gold-is-about-to-stop-a-6-day-series-of-losses-as-us-bond-yields-decline","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-about-to-stop-a-6-day-series-of-losses-as-us-bond-yields-decline\/06\/21\/market-updates\/","title":{"rendered":"Gold is About to Stop a 6-day Series of Losses as US Bond Yields Decline"},"content":{"rendered":"\n<p>Gold prices rose on Monday, after suffering losses over six sessions, as falling US Treasury yields boosted the attractiveness of the non-yielding metal.<\/p>\n\n\n\n<p>And gold rose in spot transactions 0.7%to $ 1776.10 an ounce, while US gold futures increased 0.4% to $ 1775.55 an ounce.<\/p>\n\n\n\n<p>The US Treasury yield fell to its lowest level since late February earlier in the session, reducing the opportunity cost of holding non-yielding gold.<\/p>\n\n\n\n<p>At the same time, the dollar stabilized near its multi-month peak reached in the previous session.<\/p>\n\n\n\n<p>Last week, gold recorded its worst weekly performance since March 2020 after the Federal Reserve signaled to tighten monetary policy earlier than expected.<\/p>\n\n\n\n<p>As for other precious metals, platinum earlier recorded its lowest level since January 11 at $ 1019 an ounce, and in the latest trading, it fell 0.2% to $ 1032.46.<\/p>\n\n\n\n<p>Palladium rose 1.3% to $1,497.73 an ounce, while silver advanced 0.5% to $25.92.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Monday, after suffering losses over six sessions, as falling US Treasury yields boosted the attractiveness of the non-yielding metal. And gold rose in spot transactions 0.7%to $ 1776.10 an ounce, while US gold futures increased 0.4% to $ 1775.55 an ounce. The US Treasury yield fell to its lowest level since &hellip;<\/p>\n","protected":false},"author":9,"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-47246","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\/47246","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=47246"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47246\/revisions"}],"predecessor-version":[{"id":47247,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47246\/revisions\/47247"}],"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=47246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}