Gold prices in Dubai recorded a new low on Thursday with decline in price of gold below $ 1,300 an ounce<\/p>\n
Gold prices in the UAE<\/strong> for Gram 24-carat DH 152 , gram 22 carat DH 144 , Gram- 21 carat DH 135 and settled gram 18 carat DH 115 .<\/p>\n Gold fell nearly one percent on Thursday to go below $ 1,300 an ounce for the first time since mid-February as the data are encouraging for the growth of the U.S. economy in the fourth quarter of the year weakened the appeal of the precious metal as a hedge .<\/p>\n Brokers said that gold has seen a wave of selling under pressure from the rise of the dollar and the precious metal fell below the psychological support level of $ 1,300 an ounce, and without moving average of 200 days in 1296 dollars per ounce .<\/p>\n U.S. economy grew in the fourth quarter at a faster pace than indicated by previous estimates and decreased new applications for unemployment benefits to its lowest level in nearly four months , which indicates that the economy has considerable momentum to go after the slowdown in the winter .<\/p>\n At 1215 GMT, the spot price of gold was up 0.8 percent to 1292.80 dollars an ounce , taking its losses this week to three percent .<\/p>\n Silver and settled in online transactions without change to 19.68 dollars an ounce . Platinum was down 0.7 percent to hit U.S. $ 1391.24 an ounce and palladium fell 2.3 percent to 757.97 dollars<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices in Dubai recorded a new low on Thursday with decline in price of gold below $ 1,300 an ounce Gold prices in the UAE for Gram 24-carat DH 152 , gram 22 carat DH 144 , Gram- 21 carat DH 135 and settled gram 18 carat DH 115 . Gold fell nearly one […]<\/p>\n","protected":false},"author":3,"featured_media":436435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-436434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-prices"],"_links":{"self":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436434","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=436434"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/436435"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=436434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=436434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=436434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}