{"id":77234,"date":"2022-12-16T20:01:24","date_gmt":"2022-12-16T16:01:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=77234"},"modified":"2022-12-16T20:03:03","modified_gmt":"2022-12-16T16:03:03","slug":"gold-price-poised-to-end-trading-week-with-neutral-performance","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-price-poised-to-end-trading-week-with-neutral-performance\/12\/16\/market-updates\/","title":{"rendered":"Gold Price Poised To End Trading Week With Neutral Performance"},"content":{"rendered":"\n<p>Gold rebounds from weekly lows after managing to hold above $1,770. Wall Street indices are dropping more than 1% on Friday, adding to weekly losses.<br><br>Gold price rebounded further from weekly lows following the release of the US S&amp;P Global PMI report, hitting a fresh daily high at $1,793. It is about to end the week at the same level it had seven days ago.<br><br>The Gold Index broke above $1,785 after the release of the US S&amp;P Global PMI report that came in below expectations. According to the preliminary report, in December the S&amp;P Global Manufacturing PMI fell from 47.7 to 46.2, against market consensus of 47.7. The S&amp;P Global Services PMI fell unexpectedly from 46.2 in November to 44.4 in December.<br><br>The economic data weighed on the US Dollar that pulled back across the board momentarily. The decline in equity prices in Wall Street limited the downside for the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold rebounds from weekly lows after managing to hold above $1,770. Wall Street indices are dropping more than 1% on Friday, adding to weekly losses.Gold price rebounded further from weekly lows following the release of the US S&amp;P Global PMI report, hitting a fresh daily high at $1,793. It is about to end the week &hellip;<\/p>\n","protected":false},"author":13,"featured_media":71492,"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":[10121,6874],"class_list":["post-77234","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-global-manufacturing-pmi","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77234","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=77234"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77234\/revisions"}],"predecessor-version":[{"id":77253,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77234\/revisions\/77253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71492"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=77234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=77234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=77234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}