{"id":47807,"date":"2021-07-01T14:15:38","date_gmt":"2021-07-01T10:15:38","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47807"},"modified":"2021-07-01T14:15:43","modified_gmt":"2021-07-01T10:15:43","slug":"gold-rises-on-delta-variant-fears-ahead-of-us-jobs-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-on-delta-variant-fears-ahead-of-us-jobs-data\/07\/01\/market-updates\/","title":{"rendered":"Gold Rises on Delta Variant Fears Ahead of US Jobs Data"},"content":{"rendered":"\n<p>Gold prices rose today, Thursday, July 1, as concerns about the most contagious delta strain of the Coronavirus boosted the yellow metal&#8217;s appeal as a safe haven, ahead of US jobs data, which is an important factor in the US Federal Council&#8217;s policy outlook.<\/p>\n\n\n\n<p>Spot gold rose 0.4% to more than $1,776 an ounce during the session, and US gold futures rose 0.4% to more than $1,776.<\/p>\n\n\n\n<p>Investors are now awaiting the US non-farm payrolls report, due to be released on Friday, for indications of the US Federal Reserve&#8217;s next move.<\/p>\n\n\n\n<p>The Fed&#8217;s raising of interest rates increases the opportunity cost of holding the yellow metal, reducing its attractiveness.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose today, Thursday, July 1, as concerns about the most contagious delta strain of the Coronavirus boosted the yellow metal&#8217;s appeal as a safe haven, ahead of US jobs data, which is an important factor in the US Federal Council&#8217;s policy outlook. Spot gold rose 0.4% to more than $1,776 an ounce during &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-47807","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\/47807","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=47807"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47807\/revisions"}],"predecessor-version":[{"id":47808,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47807\/revisions\/47808"}],"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=47807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}