{"id":68349,"date":"2022-07-12T13:18:29","date_gmt":"2022-07-12T09:18:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68349"},"modified":"2022-07-12T13:18:33","modified_gmt":"2022-07-12T09:18:33","slug":"gold-settles-above-the-lowest-level-in-9-months","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-settles-above-the-lowest-level-in-9-months\/07\/12\/market-updates\/","title":{"rendered":"Gold settles above the lowest level in 9 months"},"content":{"rendered":"\n<p>Gold settled on Tuesday, with lower yields on US Treasuries, which boosted demand and offset the impact of a stronger dollar that pushed gold to a nine-month low earlier.<\/p>\n\n\n\n<p>And gold settled in spot transactions at $ 1733.59 an ounce by 0740 GMT, after hitting its lowest level since September 30 at $ 1722.36 an ounce earlier in the session.<\/p>\n\n\n\n<p>US gold futures rose 0.1 percent to $1,733.60 an ounce.<\/p>\n\n\n\n<p>The yield on US Treasury bonds for ten years fell for the second session in a row, supporting the demand for gold, which does not generate fixed interest.<\/p>\n\n\n\n<p>The dollar jumped to a 20-year high against a basket of major currencies on Tuesday, making gold more expensive for buyers of other currencies.<\/p>\n\n\n\n<p>As for other precious metals, silver fell 0.7 percent to $18.95 an ounce. Platinum fell 2 percent to $852.07 an ounce, and palladium fell 1.5 percent to $2,130.02 an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold settled on Tuesday, with lower yields on US Treasuries, which boosted demand and offset the impact of a stronger dollar that pushed gold to a nine-month low earlier. And gold settled in spot transactions at $ 1733.59 an ounce by 0740 GMT, after hitting its lowest level since September 30 at $ 1722.36 an &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":[7987,6874,6871,7624],"class_list":["post-68349","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-cpi-data","tag-gold","tag-usd","tag-volatility"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68349","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=68349"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68349\/revisions"}],"predecessor-version":[{"id":68350,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68349\/revisions\/68350"}],"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=68349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}