{"id":75419,"date":"2022-11-10T11:55:14","date_gmt":"2022-11-10T07:55:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75419"},"modified":"2022-11-10T11:55:16","modified_gmt":"2022-11-10T07:55:16","slug":"gold-prices-rise-as-dollar-falls-ahead-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-prices-rise-as-dollar-falls-ahead-of-us-inflation-data\/11\/10\/market-updates\/","title":{"rendered":"Gold prices rise as dollar falls ahead of US inflation data"},"content":{"rendered":"\n<p>Gold prices rose on Thursday, supported by the decline in the dollar, but they are moving within a relatively narrow range amid caution ahead of the release of US inflation data that may affect future Federal Reserve decisions on raising interest rates.<\/p>\n\n\n\n<p>Spot gold rose 0.3 percent to $1,710.62 an ounce by 0521 GMT. Meanwhile, US gold futures settled at $1713.70.<\/p>\n\n\n\n<p>The dollar index fell 0.3 percent. A falling US currency makes dollar-priced gold more attractive to holders of other currencies.<\/p>\n\n\n\n<p>The US Consumer Price Index report for October is due at 1330 GMT. Experts expect the core inflation rate to decline on a monthly and annual basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Thursday, supported by the decline in the dollar, but they are moving within a relatively narrow range amid caution ahead of the release of US inflation data that may affect future Federal Reserve decisions on raising interest rates. Spot gold rose 0.3 percent to $1,710.62 an ounce by 0521 GMT. Meanwhile, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":71340,"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":[7876,6885,6874],"class_list":["post-75419","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-auction","tag-fed","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75419","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=75419"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75419\/revisions"}],"predecessor-version":[{"id":75420,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75419\/revisions\/75420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71340"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}