{"id":435664,"date":"2013-09-12T23:42:14","date_gmt":"2013-09-12T19:42:14","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=435664"},"modified":"2013-09-12T23:42:14","modified_gmt":"2013-09-12T19:42:14","slug":"silver-fall-amid-expectations-reduce-monetary-stimulus-program","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2013\/09\/12\/silver-fall-amid-expectations-reduce-monetary-stimulus-program\/","title":{"rendered":"Silver fall amid expectations reduce monetary stimulus program"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/09\/silver.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/09\/silver-300x193.jpg\" alt=\"Silver fall amid expectations reduce monetary stimulus program\" width=\"300\" height=\"193\" class=\"alignleft size-medium wp-image-435665\" \/><\/a><\/p>\n<p>Silver Futures fell by 2% to record the lowest price in three weeks on Thursday, amid ongoing expectations that the Fed will decide next week to reduce the asset purchase program .<\/p>\n<p>Tracks the movements in the price of silver this year , largely transform expectations about whether the U.S. central bank bond-buying program will end sooner than expected.<\/p>\n<p>On the Comex division of the New York Mercantile Exchange , traded silver futures for December delivery at $ .22.71 per troy ounce during European morning trade , shedding 2%. In December contract settled up 0.68 % to close at 23.17 . Dollars per ounce on Wednesday.<\/p>\n<p>Silver prices fell by 2.35 % earlier to reach the lowest price in the session at .22.63 .. dollars an ounce , the lowest price since August 22.<\/p>\n<p>Was likely to find support at 22.45 silver dollars an ounce , the lowest price since August 22 and resistance at $ 24.13 per ounce, the highest price since . N September 8.<br \/>\nMarket participants awaited weekly data on initial jobless claims in the U.S. later in the session for clues on the strength of the economic recovery.<\/p>\n<p>Silver traders awaited U.S. data recently to measure if it will lead to the strengthening or weakening the case for the Fed to reduce bond purchases.<\/p>\n<p>He is scheduled to meet on 17-18 September Bank to review the economy and central bank policy assessment .<\/p>\n<p>The stimulus program is the Fed by many investors as a key driver in the increase in commodity prices because it tends to reduce the value of the dollar .<\/p>\n<p>Elsewhere on the Comex , gold fell for December delivery rose 1.55 . % To trade at 1 , 342.30 dollars per ounce . , The lowest level since Aug. 15.<\/p>\n<p>Losses accelerated after gold prices break below the 100 level j . 1,356 &#8211; dollars an ounce , triggering a wave of automatic sell orders amid bearish chart signals .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver Futures fell by 2% to record the lowest price in three weeks on Thursday, amid ongoing expectations that the Fed will decide next week to reduce the asset purchase program . Tracks the movements in the price of silver this year , largely transform expectations about whether the U.S. central bank bond-buying program will [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":435665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-435664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-precious-metals-news"],"_links":{"self":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/435664","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=435664"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/435664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/435665"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=435664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=435664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=435664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}