{"id":48314,"date":"2021-07-13T23:05:00","date_gmt":"2021-07-13T19:05:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48314"},"modified":"2021-07-14T05:50:55","modified_gmt":"2021-07-14T01:50:55","slug":"gold-rebounds-after-surge-in-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rebounds-after-surge-in-inflation\/07\/13\/market-updates\/","title":{"rendered":"Gold Rebounds After Surge in Inflation"},"content":{"rendered":"\n<p>Gold prices rose on Tuesday, supported by the surge in U.S. inflation and concerns about the resurgence of the coronavirus (COVID-19) pandemic with the spread of the Delta variant.<\/p>\n\n\n\n<p>Today\u2019s gains came despite a mostly positive performance by the U.S. Dollar (USD) with more investors hedging against the rising consumer prices, which the Federal Reserve officials has recently attributed to transitory factors.<\/p>\n\n\n\n<p>Gold futures for August delivery gained $4, or 0.2%, to settle at $1,809.90 per ounce, following a decline of a similar value yesterday.<\/p>\n\n\n\n<p>Last week, gold\u2019s most active futures rose by $27.40, or 1.53%, making its biggest weekly gain since May 21.<\/p>\n\n\n\n<p>Meanwhile, silver futures snapped a two-session rising streak and closed lower by 10.20 cents, or 0.39%, at $26.115 per ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Tuesday, supported by the surge in U.S. inflation and concerns about the resurgence of the coronavirus (COVID-19) pandemic with the spread of the Delta variant. Today\u2019s gains came despite a mostly positive performance by the U.S. Dollar (USD) with more investors hedging against the rising consumer prices, which the Federal Reserve &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-48314","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\/48314","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=48314"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48314\/revisions"}],"predecessor-version":[{"id":48315,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48314\/revisions\/48315"}],"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=48314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}