{"id":69587,"date":"2022-08-04T12:04:31","date_gmt":"2022-08-04T08:04:31","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69587"},"modified":"2022-08-04T12:04:33","modified_gmt":"2022-08-04T08:04:33","slug":"gold-rises-as-us-treasury-yields-fall","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-as-us-treasury-yields-fall\/08\/04\/market-updates\/","title":{"rendered":"Gold rises as US Treasury yields fall"},"content":{"rendered":"\n<p>Gold prices rose on Thursday, supported by lower US Treasury yields, as cautious investors awaited the US non-farm payrolls report due this week for more clues on the Federal Reserve&#8217;s stance on raising interest rates.<\/p>\n\n\n\n<p>By 0628 GMT, spot gold rose 0.3 percent to $1,769.74 an ounce. US futures also increased 0.5 percent to $1,785.60 an ounce.<\/p>\n\n\n\n<p>US 10-year Treasury yields have fallen from their highest levels in more than a week, reducing the opportunity cost of non-yielding yellow metal holders.<\/p>\n\n\n\n<p>Higher interest rates in the United States reduce the attractiveness of non-yielding gold.<\/p>\n\n\n\n<p>As for other precious metals, silver fell 0.1 percent to $ 20.02 an ounce in spot transactions, and platinum fell 0.2 percent to 896.14. While palladium rose 0.3 percent to $ 2022.55.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Thursday, supported by lower US Treasury yields, as cautious investors awaited the US non-farm payrolls report due this week for more clues on the Federal Reserve&#8217;s stance on raising interest rates. By 0628 GMT, spot gold rose 0.3 percent to $1,769.74 an ounce. US futures also increased 0.5 percent to $1,785.60 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":61843,"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":[8040,6984],"class_list":["post-69587","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-taiwan","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69587","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=69587"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69587\/revisions"}],"predecessor-version":[{"id":69588,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69587\/revisions\/69588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61843"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}