{"id":78579,"date":"2023-01-18T11:32:06","date_gmt":"2023-01-18T07:32:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=78579"},"modified":"2023-01-18T11:32:09","modified_gmt":"2023-01-18T07:32:09","slug":"gold-is-falling-with-the-rise-of-usd","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-falling-with-the-rise-of-usd\/01\/18\/market-updates\/","title":{"rendered":"Gold is falling with the rise of USD"},"content":{"rendered":"\n<p>Gold prices fell slightly on Wednesday as the US dollar strengthened, but expectations of a slower pace of Federal Reserve rate hikes limited losses.<\/p>\n\n\n\n<p>Spot gold fell 0.3 percent to $1,902.79 an ounce by 0256 GMT.<\/p>\n\n\n\n<p>US gold futures fell 0.2 percent to $1,906.<\/p>\n\n\n\n<p>The dollar index rose 0.3 percent.<\/p>\n\n\n\n<p>A rising dollar makes gold more expensive for buyers holding other currencies.<\/p>\n\n\n\n<p>The metal benefits from lower interest rates, as it reduces the opportunity cost of holding non-yielding gold.<\/p>\n\n\n\n<p>As for other precious metals, spot silver fell 0.1% to $23.90 an ounce, platinum fell 0.6% to $1033.06, and palladium fell 0.2% to $1740.30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell slightly on Wednesday as the US dollar strengthened, but expectations of a slower pace of Federal Reserve rate hikes limited losses. Spot gold fell 0.3 percent to $1,902.79 an ounce by 0256 GMT. US gold futures fell 0.2 percent to $1,906. The dollar index rose 0.3 percent. A rising dollar makes gold &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":[6885,7603,8143],"class_list":["post-78579","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-fed","tag-gold-prices","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78579","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=78579"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78579\/revisions"}],"predecessor-version":[{"id":78580,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78579\/revisions\/78580"}],"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=78579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=78579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=78579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}