{"id":49896,"date":"2021-08-25T15:54:57","date_gmt":"2021-08-25T11:54:57","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49896"},"modified":"2021-08-25T15:54:59","modified_gmt":"2021-08-25T11:54:59","slug":"gold-falls-due-to-the-rise-of-the-dollar-and-the-appetite-for-risk","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-falls-due-to-the-rise-of-the-dollar-and-the-appetite-for-risk\/08\/25\/market-updates\/","title":{"rendered":"Gold Falls Due to The Rise of The Dollar And The Appetite For Risk"},"content":{"rendered":"\n<p>Gold prices fell on Wednesday, August 25, pressured by the dollar&#8217;s rise and risk appetite, while investors awaited a speech by Federal Reserve Chairman Jerome Powell this week for indications on the US Federal Reserve&#8217;s plans to reduce stimulus.<\/p>\n\n\n\n<p>And gold fell in spot transactions by about 0.5% to $ 1793.50 an ounce, while US futures fell 0.7% to $ 1795.90.<\/p>\n\n\n\n<p>The dollar index rose 0.1%, negatively affecting the attractiveness of gold to holders of other currencies, while Asian stocks held on to the gains they achieved recently.<\/p>\n\n\n\n<p>Investors are now awaiting Powell&#8217;s speech at the Fed&#8217;s annual economic seminar in Jackson Hole, Wyoming, on August 27, to see if he will provide a timetable for tapering.<\/p>\n\n\n\n<p>Gold is seen as a hedge against inflation and currency instability likely caused by widespread stimulus measures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell on Wednesday, August 25, pressured by the dollar&#8217;s rise and risk appetite, while investors awaited a speech by Federal Reserve Chairman Jerome Powell this week for indications on the US Federal Reserve&#8217;s plans to reduce stimulus. And gold fell in spot transactions by about 0.5% to $ 1793.50 an ounce, while US &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":[36],"tags":[6874],"class_list":["post-49896","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49896","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=49896"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49896\/revisions"}],"predecessor-version":[{"id":49897,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49896\/revisions\/49897"}],"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=49896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}