{"id":63937,"date":"2022-04-14T16:37:49","date_gmt":"2022-04-14T12:37:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=63937"},"modified":"2022-04-14T16:38:36","modified_gmt":"2022-04-14T12:38:36","slug":"gold-is-on-its-way-to-achieve-weekly-gains-amid-political-and-economic-risks","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-on-its-way-to-achieve-weekly-gains-amid-political-and-economic-risks\/04\/14\/market-updates\/","title":{"rendered":"Gold is on its way to achieving weekly gains amid political and economic risks"},"content":{"rendered":"\n<p>Gold prices fell on Thursday but were still on track to record a weekly increase, supported by the demand for safe havens due to the Ukraine crisis and mounting price pressures.<\/p>\n\n\n\n<p>By 1100 GMT, gold fell in spot transactions 0.2 percent to $ 1973.41 an ounce, after rising for six consecutive sessions.<\/p>\n\n\n\n<p>And US gold futures fell 0.6 percent to $ 1973.30 an ounce.<\/p>\n\n\n\n<p>Other data showed US monthly producer prices rose by the most in more than 12 years in March, in the latest sign of persistent inflationary pressures, supporting the Federal Reserve&#8217;s move to tighten monetary policy.<\/p>\n\n\n\n<p>Stock markets made limited gains on Thursday ahead of the European Central Bank&#8217;s decision, with US bond yields falling and the dollar falling on hopes that inflation was close to peaking.<\/p>\n\n\n\n<p>As for other precious metals, silver fell 0.5% in spot transactions to $25.58 an ounce. The price of platinum fell 0.8% to $978.58 an ounce. Palladium rose 1.7 percent to $2,354.44 an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell on Thursday but were still on track to record a weekly increase, supported by the demand for safe havens due to the Ukraine crisis and mounting price pressures. By 1100 GMT, gold fell in spot transactions 0.2 percent to $ 1973.41 an ounce, after rising for six consecutive sessions. And US gold &hellip;<\/p>\n","protected":false},"author":9,"featured_media":61079,"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":[6978,6874,8432,6957,6875,8110],"class_list":["post-63937","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-cpi","tag-gold","tag-nato","tag-ppi","tag-russia","tag-ukraine"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/63937","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=63937"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/63937\/revisions"}],"predecessor-version":[{"id":63939,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/63937\/revisions\/63939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61079"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=63937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=63937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=63937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}