{"id":66969,"date":"2022-06-13T14:38:00","date_gmt":"2022-06-13T10:38:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66969"},"modified":"2022-06-13T12:42:57","modified_gmt":"2022-06-13T08:42:57","slug":"gold-falls-as-us-treasury-yields-rise","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-falls-as-us-treasury-yields-rise\/06\/13\/market-updates\/","title":{"rendered":"Gold falls as US Treasury yields rise"},"content":{"rendered":"\n<p>The price of gold fell on Monday, after rising to its highest level in a month earlier in the session after strong inflation data in the United States lifted Treasury yields and reduced the attractiveness of safe-haven gold.<\/p>\n\n\n\n<p>And the price of gold in spot transactions fell 0.4 percent to 1864.27 dollars an ounce. US gold futures also fell 0.4 percent to $ 1868.60.<\/p>\n\n\n\n<p>And gold reached its highest level since the ninth of May, earlier in the session, when it recorded 1877.05 dollars an ounce.<\/p>\n\n\n\n<p>But the benchmark US 10-year Treasury yields also rose to their highest level since May 9, affecting gold demand.<\/p>\n\n\n\n<p>As for other precious metals, silver fell in spot transactions 0.9 percent to $21.68 an ounce, and platinum also declined.<\/p>\n\n\n\n<p>1.6 percent to $958 and palladium fell 1.2 percent to $1910.69.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of gold fell on Monday, after rising to its highest level in a month earlier in the session after strong inflation data in the United States lifted Treasury yields and reduced the attractiveness of safe-haven gold. And the price of gold in spot transactions fell 0.4 percent to 1864.27 dollars an ounce. US &hellip;<\/p>\n","protected":false},"author":9,"featured_media":61547,"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":[9727,7987,6874,6984],"class_list":["post-66969","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-bears","tag-cpi-data","tag-gold","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66969","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=66969"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66969\/revisions"}],"predecessor-version":[{"id":66970,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66969\/revisions\/66970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61547"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}