{"id":48820,"date":"2021-07-28T14:07:41","date_gmt":"2021-07-28T10:07:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48820"},"modified":"2021-07-28T14:07:43","modified_gmt":"2021-07-28T10:07:43","slug":"gold-rises-on-decline-in-dollar-and-stocks-ahead-of-fed-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-on-decline-in-dollar-and-stocks-ahead-of-fed-decision\/07\/28\/market-updates\/","title":{"rendered":"Gold Rises on Decline in Dollar and Stocks Ahead of Fed Decision"},"content":{"rendered":"\n<p>Gold prices rose on Wednesday, drawing support from the decline in stocks and the dollar, but the gains were limited while the market cautiously awaits what the US Federal Reserve&#8217;s assessments of inflation and economic growth will reveal.<\/p>\n\n\n\n<p>The spot price of gold was up 0.3% at $1804.69 an ounce. US gold futures rose 0.2% to $1,803.40 an ounce.<\/p>\n\n\n\n<p>The Fed&#8217;s statement will be released at 18:00 GMT today, followed by a press conference by Federal Reserve Chairman Jerome Powell.<\/p>\n\n\n\n<p>Gold plunged 7% in June after the Fed sounded hawkish at its last meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Wednesday, drawing support from the decline in stocks and the dollar, but the gains were limited while the market cautiously awaits what the US Federal Reserve&#8217;s assessments of inflation and economic growth will reveal. The spot price of gold was up 0.3% at $1804.69 an ounce. US gold futures rose 0.2% &hellip;<\/p>\n","protected":false},"author":9,"featured_media":39127,"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-48820","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\/48820","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=48820"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48820\/revisions"}],"predecessor-version":[{"id":48821,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48820\/revisions\/48821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/39127"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}