{"id":75102,"date":"2022-11-03T21:39:00","date_gmt":"2022-11-03T17:39:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75102"},"modified":"2022-11-03T22:11:41","modified_gmt":"2022-11-03T18:11:41","slug":"gold-price-falls-on-the-stronger-us-dollar","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-price-falls-on-the-stronger-us-dollar\/11\/03\/market-updates\/","title":{"rendered":"Gold Price falls on the stronger US Dollar"},"content":{"rendered":"\n<p>Gold price has become at the mercy of Federal Reserve\u2019s tightening as the US Dollar extended its gains. The US ISM Services index remained at expansionary territory, but it\u2019s decelerating.<br> <br>Gold price falls after the hawkish remarks by Fed\u2019s Jerome Powell, who said that the \u201cultimate level of rates would be higher than previously expected\u201d. These remarks have triggered the latest US Treasury yields\u2019 jump, which reinforced the dollar and deterred gold.<br><br>US data from denoted that business activity continues to expand while the labour market remains tight. At the time of writing, the Gold Index (XAUUSD) is trading around $1630, down by %0.32.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold price has become at the mercy of Federal Reserve\u2019s tightening as the US Dollar extended its gains. The US ISM Services index remained at expansionary territory, but it\u2019s decelerating. Gold price falls after the hawkish remarks by Fed\u2019s Jerome Powell, who said that the \u201cultimate level of rates would be higher than previously expected\u201d. &hellip;<\/p>\n","protected":false},"author":13,"featured_media":72829,"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":[6885,6874,6984],"class_list":["post-75102","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-fed","tag-gold","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75102","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=75102"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75102\/revisions"}],"predecessor-version":[{"id":75107,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75102\/revisions\/75107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/72829"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}