{"id":66980,"date":"2022-06-13T17:48:41","date_gmt":"2022-06-13T13:48:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66980"},"modified":"2022-06-13T17:59:33","modified_gmt":"2022-06-13T13:59:33","slug":"gold-drops-giving-back-last-weeks-30-gain","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-drops-giving-back-last-weeks-30-gain\/06\/13\/market-updates\/","title":{"rendered":"Gold drops giving back last week&#8217;s $30 gain"},"content":{"rendered":"\n<p>Gold price is down $27 to $1843, a 1.5% drop. This slump comes after last week&#8217;s rise of more than $30 following the CPI report. <\/p>\n\n\n\n<p>Today, the market is waiting for the Fed announcement this week. If they decide to deliver higher than a 50 bps rate hike, which would be bearish for gold, the yellow metal might tumble down more to levels under $1800.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold price is down $27 to $1843, a 1.5% drop. This slump comes after last week&#8217;s rise of more than $30 following the CPI report. Today, the market is waiting for the Fed announcement this week. If they decide to deliver higher than a 50 bps rate hike, which would be bearish for gold, the &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-66980","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\/66980","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=66980"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66980\/revisions"}],"predecessor-version":[{"id":66984,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66980\/revisions\/66984"}],"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=66980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}