{"id":86559,"date":"2023-07-14T11:09:18","date_gmt":"2023-07-14T07:09:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=86559"},"modified":"2023-07-14T11:09:19","modified_gmt":"2023-07-14T07:09:19","slug":"gold-is-heading-for-its-best-weekly-gain-since-april-with-the-dollar-falling","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-heading-for-its-best-weekly-gain-since-april-with-the-dollar-falling\/07\/14\/general\/","title":{"rendered":"Gold is heading for its best weekly gain since April, with the dollar falling"},"content":{"rendered":"\n<p>Gold prices were on course on Friday for their biggest weekly gain since April, after rising near a one-month high as market expectations of a US interest rate hike waned, sending the dollar down to its lowest in more than a year.<\/p>\n\n\n\n<p>And by 0504 GMT, gold in spot transactions witnessed a slight change, to reach $ 1959.81 an ounce, up 1.9 percent during the week. There was little change in US gold futures, reaching $1964.00.<\/p>\n\n\n\n<p>The dollar index touched its lowest level since April 2022, making gold less expensive for buyers from abroad.<\/p>\n\n\n\n<p>As for other precious metals, spot silver fell 0.2 percent to $ 24.8091 an ounce, but it is heading for the largest weekly gain since March.<\/p>\n\n\n\n<p>Platinum also fell 0.4 percent to $ 969.08, as well as palladium by 1.1 percent to $ 1280.62, but it is heading towards achieving gains for the second week in a row.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices were on course on Friday for their biggest weekly gain since April, after rising near a one-month high as market expectations of a US interest rate hike waned, sending the dollar down to its lowest in more than a year. And by 0504 GMT, gold in spot transactions witnessed a slight change, to &hellip;<\/p>\n","protected":false},"author":9,"featured_media":77716,"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":[1],"tags":[6885,6874,9358,6984,8367],"class_list":["post-86559","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-general","tag-fed","tag-gold","tag-hawkish-stance","tag-treasury-yields","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86559","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=86559"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86559\/revisions"}],"predecessor-version":[{"id":86560,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86559\/revisions\/86560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/77716"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=86559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=86559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=86559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}