{"id":435969,"date":"2013-10-29T12:51:30","date_gmt":"2013-10-29T08:51:30","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=435969"},"modified":"2013-10-29T12:51:30","modified_gmt":"2013-10-29T08:51:30","slug":"gold-is-high-for-the-fourth-day-on-the-back-of-weak-u-s-data","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2013\/10\/29\/gold-is-high-for-the-fourth-day-on-the-back-of-weak-u-s-data\/","title":{"rendered":"Gold is high for the fourth day on the back of weak U.S. data"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/10\/21307774.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-435951\" alt=\"Gold Trades Below Three-Week High as Demand May Slow After Rally\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/10\/21307774.jpg\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p><strong>Gold<\/strong> rose in Asian market on Tuesday , extending gains for the fourth consecutive day after U.S. economic data reinforced hopes that the weak keep the Federal Reserve on stimulus procedures , which increases the attractiveness of the precious metal as a hedge against inflation .<\/p>\n<p><strong>Gold<\/strong> ended Monday &#8216;s trading on the proportion rising 0.1 percent to its highest level in five weeks , $ 1361.58 per ounce the highest since last September 20 .<\/p>\n<p>Gold is trading by 07:30 GMT on the level of 1353.26 dollars an ounce from the opening level of $ 1352.45 , and recorded the highest at $ 1360.32 and the lowest at $ 1350.65 .<\/p>\n<h3><strong>Federal Reserve Board<\/strong><\/h3>\n<p>Commission begins Tuesday Open monetary policy Federal Reserve first monthly meetings before making decisions on Wednesday amid expectations to keep the same monetary policy stimulus without changing the private bond-buying program estimated value of $ 85 billion per month.<\/p>\n<p>And landed gold prices about 19 percent since the beginning of this year on fears that the Federal Reserve may begin to ease his stimulus cash , but the battle of the budget in Washington and a series of weak economic data have raised doubts about the chances that reduces the Central American program , which gives a boost to the precious metal .<\/p>\n<h3><strong>SPDR Fund<\/strong><\/h3>\n<p>Stabilized gold holdings in the SPDR Gold Trust Fund &#8216;s largest gold &#8211; backed ETF in the world on the level of 872.02 metric tons on Monday, the lowest level since February 2009.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold rose in Asian market on Tuesday , extending gains for the fourth consecutive day after U.S. economic data reinforced hopes that the weak keep the Federal Reserve on stimulus procedures , which increases the attractiveness of the precious metal as a hedge against inflation . Gold ended Monday &#8216;s trading on the proportion rising [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":435951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-435969","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\/435969","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=435969"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/435969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/435951"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=435969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=435969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=435969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}