{"id":59982,"date":"2022-02-10T15:53:20","date_gmt":"2022-02-10T11:53:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=59982"},"modified":"2022-02-10T15:53:22","modified_gmt":"2022-02-10T11:53:22","slug":"gold-is-confined-to-a-narrow-range-ahead-of-the-release-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-confined-to-a-narrow-range-ahead-of-the-release-of-us-inflation-data\/02\/10\/market-updates\/","title":{"rendered":"Gold is Confined to a Narrow Range Ahead of The Release of US Inflation Data"},"content":{"rendered":"\n<p>Gold prices fluctuated within a limited range on Thursday, after hitting a two-week high earlier in the session, as investors awaited US inflation data for indications of the Federal Reserve&#8217;s next step towards tightening monetary policy.<\/p>\n\n\n\n<p>And the gold price settled in spot transactions at $ 1832.09 an ounce by 0955 GMT, after hitting a two-week high of $ 1835.67 an ounce, and US futures fell 0.2 percent to $ 1832.20.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>US consumer price index data for January is due at 1330 GMT and is expected to show an annual rise of 7.3 percent, which would be the biggest since 1982.<\/p>\n\n\n\n<p>As for other precious metals, the price of silver increased 0.2 percent to $23.33 an ounce, the price of platinum fell 0.9 percent to $ 1024.67, and palladium rose 0.5 percent to $2,290.36.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fluctuated within a limited range on Thursday, after hitting a two-week high earlier in the session, as investors awaited US inflation data for indications of the Federal Reserve&#8217;s next step towards tightening monetary policy. And the gold price settled in spot transactions at $ 1832.09 an ounce by 0955 GMT, after hitting a &hellip;<\/p>\n","protected":false},"author":9,"featured_media":57580,"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":[6978,6885,7513,6874,8775,6987,6984,8324,7442,6871],"class_list":["post-59982","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-cpi","tag-fed","tag-gains","tag-gold","tag-gold-prices-spikes","tag-inflation","tag-treasury-yields","tag-us-dollar-index","tag-us-shares","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59982","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=59982"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59982\/revisions"}],"predecessor-version":[{"id":59983,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59982\/revisions\/59983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/57580"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=59982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=59982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=59982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}