{"id":58722,"date":"2022-01-20T15:59:32","date_gmt":"2022-01-20T11:59:32","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=58722"},"modified":"2022-01-20T15:59:34","modified_gmt":"2022-01-20T11:59:34","slug":"gold-catches-breath-after-rising-to-the-highest-in-two-months","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-catches-breath-after-rising-to-the-highest-in-two-months\/01\/20\/market-updates\/","title":{"rendered":"Gold Catches Breath After Rising to The Highest in Two Months"},"content":{"rendered":"\n<p>Gold prices held near two-month highs on Thursday as falling US Treasury yields and a weaker dollar spurred investor appetite, fueled by concerns about inflation and political tensions.<\/p>\n\n\n\n<p>Gold in spot transactions fell 0.2 percent to $1836.80 an ounce by 1102 GMT, after hitting its highest level since November 22 at $1843.94. And US gold futures fell 0.3 percent to $1837.30.<\/p>\n\n\n\n<p>Reflecting rising investor sentiment, holdings of SPDR Gold Trust, the world&#8217;s largest gold-backed ETF, jumped 0.5% on Wednesday.<\/p>\n\n\n\n<p>The dollar fell as US 10-year Treasury yields fell from their highest level in two years.<\/p>\n\n\n\n<p>Oil prices have also been trading near their highest levels since 2014.<\/p>\n\n\n\n<p>As for other precious metals, platinum rose 2.1 percent to $1043.89, and palladium rose 2.1 percent to $2044.30, its highest level in two months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices held near two-month highs on Thursday as falling US Treasury yields and a weaker dollar spurred investor appetite, fueled by concerns about inflation and political tensions. Gold in spot transactions fell 0.2 percent to $1836.80 an ounce by 1102 GMT, after hitting its highest level since November 22 at $1843.94. And US gold &hellip;<\/p>\n","protected":false},"author":9,"featured_media":54569,"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":[7436,6885,6874,7447,8585,7978,6875,8168,6984,8110,6871],"class_list":["post-58722","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-crude-oil","tag-fed","tag-gold","tag-gold-futures","tag-resis","tag-risk-sentiment","tag-russia","tag-safe-haven","tag-treasury-yields","tag-ukraine","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58722","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=58722"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58722\/revisions"}],"predecessor-version":[{"id":58723,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58722\/revisions\/58723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54569"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=58722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=58722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=58722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}