{"id":435731,"date":"2013-09-20T11:51:07","date_gmt":"2013-09-20T07:51:07","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=435731"},"modified":"2013-09-20T11:51:07","modified_gmt":"2013-09-20T07:51:07","slug":"gold-exceed-1364-dollars-an-ounce-federal-support-monetary-expansion","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2013\/09\/20\/gold-exceed-1364-dollars-an-ounce-federal-support-monetary-expansion\/","title":{"rendered":"Gold exceed 1364 dollars an ounce Federal support monetary expansion"},"content":{"rendered":"

\"Gold<\/a><\/p>\n

Gold prices turned to rise again, contrary to expectations, jumped spot prices for the yellow metal by more than 4.1% to reach more than $1364.67 \/Oz in New York Stock Exchange at the end of trading , sending to the highest level since January 2009 after deciding the Fed’s continuing program of monetary expansion contrary to all expectations, which led to increased demand for the yellow metal as a store of value or the best safe-haven assets.<\/p>\n

Said Bloomberg that the futures prices of gold also jumped by about 4.2% in the Stock Exchange Comics for goods to reach more than 1364.1% dollars an ounce to achieve the biggest gain since March 2009, though gold prices have fallen 22% this year due to declining inflation and rising stock prices is that it has stepped up about 70 % since December 2008 until June 2011, when the Fed pumped more than U.S. $ 2 trillion in the financial system through the purchase of debt.<\/p>\n

The yellow metal has continued to decline for a third straight session Wednesday, and it has more than 1% is trading below $ 1,300 an ounce, “ounce” expectations of investors to announce the Federal Reserve, “the U.S. central bank,” a reduction procedures monetary stimulus that benefit the precious metal .<\/p>\n

Where he was expected to start the Federal Reserve changed its monetary policy too soft to declare a limited reduction for its purchases of bonds worth 85 billion dollars a month, on Wednesday at the conclusion of the two-day meeting. Many had expected to reduce purchases by ten billion dollars.<\/p>\n

Gold price of gold in the spot market 0.5% to $ 1302.50 an ounce to reach its decline this year by 22%. He had been dropped earlier in the session to $ 1291.34, its lowest level since the eighth of August.<\/p>\n

Said a trader in precious metals in Hong Kong, “It all depends on the Federal Open Market Committee … depends on the dialect and the nature of the stimulus reduction .”<\/p>\n

According to him, technically still under pressure gold may find it difficult to rise above $ 1,350 again.<\/p>\n

The price of silver fell 0.5% to 21.57 dollars an ounce, down 0.1% platinum to 1416 dollars per ounce and palladium fell 0.7% to $ 698.50 an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold prices turned to rise again, contrary to expectations, jumped spot prices for the yellow metal by more than 4.1% to reach more than $1364.67 \/Oz in New York Stock Exchange at the end of trading , sending to the highest level since January 2009 after deciding the Fed’s continuing program of monetary expansion contrary […]<\/p>\n","protected":false},"author":3,"featured_media":435732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-435731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-news"],"_links":{"self":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/435731","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=435731"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/435731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/435732"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=435731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=435731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=435731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}