{"id":1300,"date":"2013-04-09T05:03:06","date_gmt":"2013-04-09T01:03:06","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=1300"},"modified":"2013-04-09T05:03:06","modified_gmt":"2013-04-09T01:03:06","slug":"gold-falls-amid-expectations-of-continued-investment-funds-abandon-the-precious-metal","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2013\/04\/09\/gold-falls-amid-expectations-of-continued-investment-funds-abandon-the-precious-metal\/","title":{"rendered":"Gold falls amid expectations of continued investment funds abandon the precious metal"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/04\/26630386851.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/04\/26630386851-300x197.jpg\" alt=\"Gold falls amid expectations of continued investment funds abandon the precious metal\" width=\"300\" height=\"197\" class=\"alignleft size-medium wp-image-1301\" \/><\/a><\/p>\n<p>Gold fell on Monday, after rising by nearly 2% in the previous session, where the fund rid of their holdings of the metal in order to better investment returns in assets involve risky equities.<br \/>\n\u00a0<br \/>\nGold dropped for instant transactions increased by 0.4% to $ 1,575 an ounce by at 14:06 GMT. And on the metal charts seems likely to retest its lowest level in 10 months at $ 1,539, which was recorded last week, according to the analysts said.<br \/>\n\u00a0<br \/>\nThere has been little change on the U.S. futures for gold at $ 1,576 an ounce.<br \/>\n\u00a0<br \/>\nBank analyst said Commerzbank Carsten Fritsch, &#8220;It seems that today we have market sentiment is willing to risk which justifies this weakness in the price of gold.&#8221;<br \/>\n\u00a0<br \/>\n&#8220;Prices are still threatened in the short term after the sharp decline to the lowest level in 10 months last week and this level can be re-tested again due to continued foreign inflows of gold traded funds in the stock market and by the sales centers of investors in the short term.&#8221;<br \/>\n\u00a0<br \/>\nAnd landed the previous week metal holdings in gold funds in the world&#8217;s major exchange-traded to the lowest level since August 2012.<br \/>\n\u00a0<br \/>\nIn the meantime, he said the global billionaire George Soros that gold crashed his status as a safe haven but he predicted that the price supports continued central bank buying.<br \/>\n\u00a0<br \/>\nAnalysts said that the version of the minutes of a meeting of the Monetary Policy Committee of the U.S. Federal Reserve on Wednesday is likely to be the main economic event for the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold fell on Monday, after rising by nearly 2% in the previous session, where the fund rid of their holdings of the metal in order to better investment returns in assets involve risky equities. \u00a0 Gold dropped for instant transactions increased by 0.4% to $ 1,575 an ounce by at 14:06 GMT. And on the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[375],"class_list":["post-1300","post","type-post","status-publish","format-standard","hentry","category-gold-news","tag-gold-falls-amid-expectations-of-continued-investment-funds-abandon-the-precious-metal"],"_links":{"self":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/1300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/comments?post=1300"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/1300\/revisions"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=1300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=1300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=1300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}