{"id":53870,"date":"2021-11-01T22:38:22","date_gmt":"2021-11-01T18:38:22","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53870"},"modified":"2021-11-02T00:51:15","modified_gmt":"2021-11-01T20:51:15","slug":"gold-is-too-much-impacted-by-usd","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-too-much-impacted-by-usd\/11\/01\/market-updates\/","title":{"rendered":"Gold is too much impacted by USD"},"content":{"rendered":"\n<p>The yellow precious metal price is barely moving although the short term market situation is not in favour of gold.<br><br>On Monday, the troy ounce cost $1,788. Gold has been rather volatile recently and definitely shows an inverse correlation to the USD.<br><br>Gold price will fluctuate pretty much this week in anticipation of the awaited U. S. Federal Reserve Bank&#8217;s November meeting. <br><br>Fed is slowly moving towards the reduction of the QE program but this factor has already been included in the USD&#8217;s price. If Fed announces the QE reduction and hints at some more fiscal moves in the future, Gold may rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The yellow precious metal price is barely moving although the short term market situation is not in favour of gold.On Monday, the troy ounce cost $1,788. Gold has been rather volatile recently and definitely shows an inverse correlation to the USD.Gold price will fluctuate pretty much this week in anticipation of the awaited U. S. &hellip;<\/p>\n","protected":false},"author":13,"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":[38,37,36],"tags":[7468,6984,6871,7624],"class_list":["post-53870","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-tapering","tag-treasury-yields","tag-usd","tag-volatility"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53870","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53870"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53870\/revisions"}],"predecessor-version":[{"id":53881,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53870\/revisions\/53881"}],"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=53870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}