{"id":53485,"date":"2021-10-26T12:33:50","date_gmt":"2021-10-26T08:33:50","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53485"},"modified":"2021-10-26T13:13:01","modified_gmt":"2021-10-26T09:13:01","slug":"gold-hovers-near-1800-an-ounce-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-hovers-near-1800-an-ounce-2\/10\/26\/market-updates\/","title":{"rendered":"Gold Hovers Near $1800 an Ounce"},"content":{"rendered":"\n<p>Gold fell in Tuesday morning trading in Asia. While the dollar, which usually moves in reverse with gold, rose 0.07% on Tuesday, recovering from a one-month low hit during the previous session.<\/p>\n\n\n\n<p>Gold futures were also down 0.07% at $1,805.55 by 11:15 PM ET as investors await this week&#8217;s key central bank meetings. A strong dollar makes gold more expensive for buyers who hold other currencies.<\/p>\n\n\n\n<p>Also, the benchmark 10-year US Treasury yield rose slightly at 1.6431%, raising the opportunity cost of non-interest-bearing gold.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold fell in Tuesday morning trading in Asia. While the dollar, which usually moves in reverse with gold, rose 0.07% on Tuesday, recovering from a one-month low hit during the previous session. Gold futures were also down 0.07% at $1,805.55 by 11:15 PM ET as investors await this week&#8217;s key central bank meetings. A strong &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52476,"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":[6874,7603,7517,6858],"class_list":["post-53485","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-gold","tag-gold-prices","tag-interest-rates","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53485","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=53485"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53485\/revisions"}],"predecessor-version":[{"id":53488,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53485\/revisions\/53488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52476"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}