{"id":51302,"date":"2021-09-23T16:20:44","date_gmt":"2021-09-23T12:20:44","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=51302"},"modified":"2021-09-23T16:20:47","modified_gmt":"2021-09-23T12:20:47","slug":"gold-stabilizes-in-light-of-the-us-dollars-decline-to-its-lowest-level-in-a-month","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-stabilizes-in-light-of-the-us-dollars-decline-to-its-lowest-level-in-a-month\/09\/23\/market-updates\/","title":{"rendered":"Gold Stabilizes in Light of The US Dollar&#8217;s Decline to its Lowest Level in a Month"},"content":{"rendered":"\n<p>Gold prices stabilized Thursday, September 23, after the dollar gave up some of its gains due to hints from the Federal Reserve of a faster-than-expected interest rate hike, but positive news from China&#8217;s Evergrande limited the demand for possession of the yellow metal, which is considered a safe haven.<\/p>\n\n\n\n<p>Spot gold rose 0.2% to $1,770.94 an ounce by 09:24 GMT, while US gold futures fell 0.5% to $769.50.<\/p>\n\n\n\n<p>The dollar fell from its highest level in a month, as investors absorbed the Fed meeting and the following statements from its Chairman, Jerome Powell, that the gradual reduction of stimulus measures is not far away.<\/p>\n\n\n\n<p>As for other precious metals, silver rose 0.7% to $22.82 an ounce, platinum rose 1.2% to $1,009.01 an ounce, and palladium rose 1.4 percent to $2,052.68.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices stabilized Thursday, September 23, after the dollar gave up some of its gains due to hints from the Federal Reserve of a faster-than-expected interest rate hike, but positive news from China&#8217;s Evergrande limited the demand for possession of the yellow metal, which is considered a safe haven. Spot gold rose 0.2% to $1,770.94 &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-51302","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\/51302","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=51302"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51302\/revisions"}],"predecessor-version":[{"id":51303,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51302\/revisions\/51303"}],"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=51302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=51302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=51302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}