{"id":66298,"date":"2022-05-31T17:57:42","date_gmt":"2022-05-31T13:57:42","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66298"},"modified":"2022-05-31T18:00:25","modified_gmt":"2022-05-31T14:00:25","slug":"gold-is-about-to-post-a-monthly-loss-as-the-dollar-and-bond-yields-rise","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-about-to-post-a-monthly-loss-as-the-dollar-and-bond-yields-rise\/05\/31\/market-updates\/","title":{"rendered":"Gold is about to post a monthly loss"},"content":{"rendered":"\n<p>Gold prices fell on Tuesday after rising dollar and US bond yields offset support for the precious metal on rising inflation fears and appeared to be on track for a second consecutive monthly decline.<\/p>\n\n\n\n<p>Spot gold fell 0.4 percent to $1,848.60 an ounce at 1025 GMT, and was down 2.5 percent during the month, its biggest decline since September. US futures fell 0.2 percent to $1,852.70 an ounce.<\/p>\n\n\n\n<p>The dollar index rose 0.2 percent and US 10-year bond yields jumped, prompting markets to reduce expectations that the Federal Reserve would take a breather after raising rates again in June and July.<\/p>\n\n\n\n<p>As for other precious metals, spot silver fell 0.7 percent to $21.79 an ounce, platinum rose 0.3 percent to $961.36, and palladium rose 1.5 percent to $2,062.81, but it fell 11 percent so far this month, recording the biggest decline since November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell on Tuesday after rising dollar and US bond yields offset support for the precious metal on rising inflation fears and appeared to be on track for a second consecutive monthly decline. Spot gold fell 0.4 percent to $1,848.60 an ounce at 1025 GMT, and was down 2.5 percent during the month, its &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":[6832,6885,6839,6874,6987,6871],"class_list":["post-66298","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-china","tag-fed","tag-germany","tag-gold","tag-inflation","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66298","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=66298"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66298\/revisions"}],"predecessor-version":[{"id":66300,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66298\/revisions\/66300"}],"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=66298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}