{"id":436283,"date":"2014-01-07T11:07:21","date_gmt":"2014-01-07T07:07:21","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=436283"},"modified":"2014-01-07T11:07:21","modified_gmt":"2014-01-07T07:07:21","slug":"swiss-central-incurring-significant-losses-as-a-result-of-decline-in-gold-prices","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2014\/01\/07\/swiss-central-incurring-significant-losses-as-a-result-of-decline-in-gold-prices\/","title":{"rendered":"Swiss central incurring significant losses as a result of decline in gold prices"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2014\/01\/gold-prices-dropped-to-hit-a-year-low-in-india-488x240.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2014\/01\/gold-prices-dropped-to-hit-a-year-low-in-india-488x240.jpg\" alt=\"Gold Bulls Retrench as Price Drops Most in 32 Years: Commodities\" width=\"488\" height=\"240\" class=\"aligncenter size-full wp-image-436252\" \/><\/a><\/p>\n<p>Swiss central bank said on Monday it incurred a net loss of 9 billion Swiss francs , &#8221; 9.9 billion dollars &#8221; in the past year to the decline in the value of its gold reserves sharply lower after the price of the yellow metal .<\/p>\n<p>And forced the Swiss National Bank , &#8221; central &#8221; , based in Zurich to write off 15 billion francs of the value of what he has gone , while reaching its profits from dealing in foreign currencies and selling of bank rescue fund to 6 billion francs.<\/p>\n<p>The bank stressed that as a result it will not distribute any dividend this year on the state and Kantonadtha also will not get shareholders a dividend .<\/p>\n<p>The price of gold fell by a quarter to around $ 1,200 an ounce , &#8221; ounce &#8221; in the period between January to December of last year<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss central bank said on Monday it incurred a net loss of 9 billion Swiss francs , &#8221; 9.9 billion dollars &#8221; in the past year to the decline in the value of its gold reserves sharply lower after the price of the yellow metal . And forced the Swiss National Bank , &#8221; central [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":436231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-436283","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\/436283","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=436283"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/436231"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=436283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=436283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=436283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}