{"id":70855,"date":"2022-08-25T14:46:29","date_gmt":"2022-08-25T10:46:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=70855"},"modified":"2022-08-25T16:09:33","modified_gmt":"2022-08-25T12:09:33","slug":"gold-rises-as-the-dollar-slips-amid-anticipation-of-signs-on-inflation-and-interest","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-as-the-dollar-slips-amid-anticipation-of-signs-on-inflation-and-interest\/08\/25\/market-updates\/","title":{"rendered":"Gold rises as the dollar slips amid anticipation of signs on inflation and rates"},"content":{"rendered":"\n<p>Gold prices rose for a third consecutive session on Thursday, supported by the dollar&#8217;s decline as investors looked to the Jackson Hole Economic Symposium for clues on inflation and the interest rate path from the US Federal Reserve.<\/p>\n\n\n\n<p>Spot gold rose 0.8 percent to $1,764.39 an ounce by 0927 GMT.<\/p>\n\n\n\n<p>And gold futures contracts in the United States increased by 0.9 percent to 1777.60 dollars.<\/p>\n\n\n\n<p>The economic symposium begins on Thursday, with Federal Reserve Chairman Jerome Powell&#8217;s speech on Friday in particular. Investors are interested to see if the board will send a clear message that could be a new catalyst for the precious metal.<\/p>\n\n\n\n<p>The dollar index fell 0.5%, making gold less expensive for buyers abroad.<\/p>\n\n\n\n<p>Spot silver rose one percent to $19.35 an ounce, platinum rose 0.6 percent to $882.27, and palladium 0.9 percent to $2052.41.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose for a third consecutive session on Thursday, supported by the dollar&#8217;s decline as investors looked to the Jackson Hole Economic Symposium for clues on inflation and the interest rate path from the US Federal Reserve. Spot gold rose 0.8 percent to $1,764.39 an ounce by 0927 GMT. And gold futures contracts in &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":[8598,6885,6874,9925,6984],"class_list":["post-70855","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-correction","tag-fed","tag-gold","tag-jackson-hole-economic-symposium","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70855","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=70855"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70855\/revisions"}],"predecessor-version":[{"id":70859,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70855\/revisions\/70859"}],"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=70855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=70855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=70855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}