{"id":436197,"date":"2013-12-06T13:00:27","date_gmt":"2013-12-06T09:00:27","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=436197"},"modified":"2013-12-06T13:00:27","modified_gmt":"2013-12-06T09:00:27","slug":"gold-tends-to-weekly-loss-and-eyes-on-u-s-jobs-data","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2013\/12\/06\/gold-tends-to-weekly-loss-and-eyes-on-u-s-jobs-data\/","title":{"rendered":"Gold tends to  Weekly loss and eyes on U.S. jobs data"},"content":{"rendered":"<figure id=\"attachment_436198\" aria-describedby=\"caption-attachment-436198\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/12\/5634534.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/12\/5634534-300x206.jpg\" alt=\"Gold is moving to a new drop during the week decline\" width=\"300\" height=\"206\" class=\"size-medium wp-image-436198\" \/><\/a><figcaption id=\"caption-attachment-436198\" class=\"wp-caption-text\">Alloy of gold<\/figcaption><\/figure>\n<p>Gold settled on Friday after volatile trading in the previous session, is expected to record a weekly decline because of improved U.S. economic data , which raises fears of withdrawal of monetary stimulus soon.<\/p>\n<p>Investors are awaiting U.S. jobs data to be released at 1330 GMT , which may give further indications on the possible timing of the withdrawal of stimulus measures in the largest economy in the world .<\/p>\n<p>Gold rose in the spot market 0.3 percent to 1228.09 dollars an ounce by 0648 GMT time . And moving the yellow metal to a weekly loss of two percent , after falling to its lowest level in five months earlier this week .<\/p>\n<p>And prices fell two percent on Thursday after data showed that U.S. economic growth in the third quarter of the year is higher than initial estimates .<\/p>\n<p>And linking the Federal Reserve ( the U.S. central bank ) to reduce its bond buying program improvement of the labor market . Gold prices benefited from the stimulus whereby the bank buys bonds worth 85 billion dollars a month , which enhances the attractiveness of gold as a hedge against inflation .<\/p>\n<p>The price of silver rose 0.7 percent to 19.47 dollars an ounce , while platinum fell 0.16 percent to 1355.75 dollars an ounce and palladium down 0.2 percent to 730.6 dollars per ounce<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold settled on Friday after volatile trading in the previous session, is expected to record a weekly decline because of improved U.S. economic data , which raises fears of withdrawal of monetary stimulus soon. Investors are awaiting U.S. jobs data to be released at 1330 GMT , which may give further indications on the possible [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":436198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-436197","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\/436197","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=436197"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/436198"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=436197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=436197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=436197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}