{"id":73171,"date":"2022-09-29T16:37:18","date_gmt":"2022-09-29T12:37:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73171"},"modified":"2022-09-29T16:37:19","modified_gmt":"2022-09-29T12:37:19","slug":"the-rise-of-dollar-dispels-the-luster-of-gold","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-rise-of-dollar-dispels-the-luster-of-gold\/09\/29\/market-updates\/","title":{"rendered":"The rise of dollar dispels the luster of gold"},"content":{"rendered":"\n<p>Gold prices fell one percent on Thursday, with the dollar rebounding after a brief decline in the previous session, while an imminent and expected interest rate hike was still hampering the precious metal&#8217;s rise.<\/p>\n\n\n\n<p>By 0935 GMT, spot gold fell 0.8 percent to $1,646.97 an ounce, after recording its best daily performance since March on Wednesday, when the dollar fell briefly.<\/p>\n\n\n\n<p>US gold futures were down 1 percent at $1,653.20.<\/p>\n\n\n\n<p>The dollar index rose 0.8 percent, which makes gold more expensive for buyers of other currencies.<\/p>\n\n\n\n<p>As for other precious metals, silver fell 1.3 percent in spot transactions to $18.64 an ounce.<\/p>\n\n\n\n<p>Platinum fell 1.1 percent to $853.97 an ounce.<\/p>\n\n\n\n<p>Palladium rose 0.1 percent to $2,157.71 an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell one percent on Thursday, with the dollar rebounding after a brief decline in the previous session, while an imminent and expected interest rate hike was still hampering the precious metal&#8217;s rise. By 0935 GMT, spot gold fell 0.8 percent to $1,646.97 an ounce, after recording its best daily performance since March on &hellip;<\/p>\n","protected":false},"author":9,"featured_media":61161,"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":[38,36],"tags":[6874,9351,6871],"class_list":["post-73171","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-gold","tag-government-bond-yields","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73171","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=73171"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73171\/revisions"}],"predecessor-version":[{"id":73172,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73171\/revisions\/73172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61161"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}