{"id":49171,"date":"2021-08-09T12:50:58","date_gmt":"2021-08-09T08:50:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49171"},"modified":"2021-08-09T12:22:15","modified_gmt":"2021-08-09T08:22:15","slug":"gold-falls-to-its-lowest-level-in-more-than-4-months-due-to-fears-of-reducing-stimulus","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-falls-to-its-lowest-level-in-more-than-4-months-due-to-fears-of-reducing-stimulus\/08\/09\/market-updates\/","title":{"rendered":"Gold Falls to Its Lowest Level in More Than 4 Months Due to Fears of Reducing Stimulus"},"content":{"rendered":"\n<p>Gold fell to its lowest level in more than four months on Monday, as strong US jobs data fueled fears of an earlier-than-expected interest rate hike, increasing the opportunity cost of holding the non-yielding yellow metal.<\/p>\n\n\n\n<p>And gold fell in the spot market 1.1% to 1744.50 dollars an ounce.<\/p>\n\n\n\n<p>In early trading in Asia, prices fell 4.4% to $ 1684.37, the lowest level since March 31, as a result of sales to stop losses.<\/p>\n\n\n\n<p>Trading was thin due to the holidays in Tokyo and Singapore.<\/p>\n\n\n\n<p>And gold futures in the United States fell 1.1% to 1744.50 dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold fell to its lowest level in more than four months on Monday, as strong US jobs data fueled fears of an earlier-than-expected interest rate hike, increasing the opportunity cost of holding the non-yielding yellow metal. And gold fell in the spot market 1.1% to 1744.50 dollars an ounce. In early trading in Asia, prices &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-49171","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\/49171","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=49171"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49171\/revisions"}],"predecessor-version":[{"id":49172,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49171\/revisions\/49172"}],"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=49171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}