{"id":54427,"date":"2021-11-09T15:47:34","date_gmt":"2021-11-09T11:47:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54427"},"modified":"2021-11-09T15:47:37","modified_gmt":"2021-11-09T11:47:37","slug":"gold-settles-near-a-two-month-top-attention-turns-to-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-settles-near-a-two-month-top-attention-turns-to-us-inflation-data\/11\/09\/market-updates\/","title":{"rendered":"Gold Settles Near a Two-Month Top, Attention Turns to US Inflation Data"},"content":{"rendered":"\n<p>Gold prices hovered near two-month highs on Tuesday, supported by weaker dollar and US Treasury yields, as investors awaited US inflation data in an attempt to speculate on the Federal Reserve&#8217;s next move on interest rates.<\/p>\n\n\n\n<p>The price of gold did not witness little change in transactions, and it recorded $ 1824.21 an ounce, to be about three dollars less than its highest level in two months, which was recorded earlier in the session.<\/p>\n\n\n\n<p>US gold futures fell 0.1 percent to $1,825.30.<\/p>\n\n\n\n<p>Market attention is now focused on US inflation data through the Consumer Price Index due on Wednesday, which may give an indication of the Federal Reserve&#8217;s stance on interest rates.<\/p>\n\n\n\n<p>This comes in the wake of a number of US central bank officials expressing concern about the continued rise in prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices hovered near two-month highs on Tuesday, supported by weaker dollar and US Treasury yields, as investors awaited US inflation data in an attempt to speculate on the Federal Reserve&#8217;s next move on interest rates. The price of gold did not witness little change in transactions, and it recorded $ 1824.21 an ounce, to &hellip;<\/p>\n","protected":false},"author":9,"featured_media":54351,"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":[6874,7969,6871],"class_list":["post-54427","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-gold","tag-real-yields","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54427","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=54427"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54427\/revisions"}],"predecessor-version":[{"id":54428,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54427\/revisions\/54428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54351"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}