{"id":59625,"date":"2022-02-04T13:27:23","date_gmt":"2022-02-04T09:27:23","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=59625"},"modified":"2022-02-04T13:27:25","modified_gmt":"2022-02-04T09:27:25","slug":"gold-rises-as-dollar-slips-ahead-of-us-jobs-report","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-as-dollar-slips-ahead-of-us-jobs-report\/02\/04\/market-updates\/","title":{"rendered":"Gold Rises as Dollar Slips Ahead of US Jobs Report"},"content":{"rendered":"\n<p>Gold prices rose as the dollar fell on Friday, as markets awaited the US jobs report that may affect the Federal Reserve&#8217;s inclination to tighten monetary policy.<\/p>\n\n\n\n<p>Spot gold rose 0.1 percent to $1,805.90 an ounce. And US gold futures rose 0.2 percent to $ 1807.20.<\/p>\n\n\n\n<p>If the US jobs report encourages the general tendency within the Fed to tighten monetary policy, it should lead to a significant decline in gold prices, said Ilya Spivak, an expert in currency trading at Daily Forex.<\/p>\n\n\n\n<p>Gold rose about 0.9 percent this week as the dollar&#8217;s decline increased the demand for the precious metal.<\/p>\n\n\n\n<p>Among other precious metals, spot silver prices rose 0.3 percent to $22.47 an ounce, platinum fell 0.4 percent to $1029.49 and palladium increased 0.9 percent to $2344.98.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose as the dollar fell on Friday, as markets awaited the US jobs report that may affect the Federal Reserve&#8217;s inclination to tighten monetary policy. Spot gold rose 0.1 percent to $1,805.90 an ounce. And US gold futures rose 0.2 percent to $ 1807.20. If the US jobs report encourages the general tendency &hellip;<\/p>\n","protected":false},"author":9,"featured_media":59584,"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":[38,37,39,36],"tags":[6967,6923,6874,7199,6901,7957,7442],"class_list":["post-59625","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-global-stock-markets","category-market-updates","tag-boe","tag-ecb","tag-gold","tag-lagarde","tag-nasdaq","tag-nfp-data","tag-us-shares"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59625","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=59625"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59625\/revisions"}],"predecessor-version":[{"id":59626,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59625\/revisions\/59626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59584"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=59625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=59625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=59625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}