{"id":436345,"date":"2014-02-13T20:47:42","date_gmt":"2014-02-13T16:47:42","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=436345"},"modified":"2014-02-13T20:47:42","modified_gmt":"2014-02-13T16:47:42","slug":"gold-exceeds-1300-for-the-first-time-in-3-months","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2014\/02\/13\/gold-exceeds-1300-for-the-first-time-in-3-months\/","title":{"rendered":"Gold exceeds $ 1,300 for the first time in 3 months"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2014\/02\/35353.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2014\/02\/35353.jpg\" alt=\"Gold exceeds $ 1,300 for the first time in 3 months\" width=\"488\" height=\"240\" class=\"aligncenter size-full wp-image-436346\" srcset=\"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-content\/uploads\/2014\/02\/35353.jpg 488w, https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-content\/uploads\/2014\/02\/35353-300x148.jpg 300w\" sizes=\"auto, (max-width: 488px) 100vw, 488px\" \/><\/a><\/p>\n<p>Exceeded the price of gold Thursday barrier $ 1,300 an ounce , which is considered the most during Thelal months and the first since the beginning of this year amid weak data on retail sales and U.S. pressure on the dollar , which pushed to increase the demand for the precious metal again as a tool to hedge against inflation and currency fluctuations .<\/p>\n<p>The dollar index &#8211; which measures the value of the U.S. currency against a basket of six major currencies &#8211; 0.5 percent after U.S. retail sales posted an unexpected drop in January, and the number of new applications for unemployment benefits last week in the latest signs of slowing economic growth .<\/p>\n<p>Raised U.S. economic data recently &#8211; including the two-month consecutive growth weak jobs &#8211; raised questions about the ability of the largest economy in the world to continue to grow and have made some investors are hoping to take on the Federal Reserve (Fed ) approach is slower in reducing its purchases of bonds.<\/p>\n<p>Said Adam Sarhan , CEO of Sarhan Capital, based in New York, &#8221; the basic idea that central banks are slowing the availability of quantitative enhance the attractiveness of gold as a hedge against inflation and currency alternative . &#8221;<\/p>\n<p>He added: &#8221; Gold may begin a new upward trend . &#8221;<\/p>\n<p>The price of gold rose for immediate sale to 1302.40 dollars an ounce , its highest level since the eighth of November.<\/p>\n<p>And U.S. futures rose gold for April delivery to a record of $ 7.30 in late afternoon trading to $ 1302.30<\/p>\n<p>Among other precious metals followed the example of gold and silver rallied 1.1 percent to 20.48 dollars an ounce .<\/p>\n<p>Platinum rose 0.8 percent to 1412.00 dollars an ounce, while palladium rose 0.7 Palmihala 729.00 dollars per ounce<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exceeded the price of gold Thursday barrier $ 1,300 an ounce , which is considered the most during Thelal months and the first since the beginning of this year amid weak data on retail sales and U.S. pressure on the dollar , which pushed to increase the demand for the precious metal again as a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":436346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-436345","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\/436345","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=436345"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/436346"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=436345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=436345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=436345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}