{"id":16406,"date":"2023-05-31T18:22:43","date_gmt":"2023-05-31T22:22:43","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/gold-futures-end-higher-post-a-loss-for-the-month\/"},"modified":"2023-05-31T18:22:44","modified_gmt":"2023-05-31T22:22:44","slug":"gold-futures-end-higher-post-a-loss-for-the-month","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=16406","title":{"rendered":"Gold futures end higher, post a loss for the month"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002122844\">\n<div class=\"snippet__body\">\n<p>Gold futures ended Wednesday with a gain, but overall strength in the U.S. dollar was among the reasons why prices for the metal posted a loss for the month. \u201cA debt deal is not necessarily bad news for gold,\u201d said Edward Moya, senior market analyst at OANDA. \u201cCongress appears to be in a position to pass a debt deal that will avoid a catastrophic default, which initially was hurting gold prices,\u201d he said. The details behind the proposed piece of legislation, however, \u201cincludes significantly lower spending, which will be a major blow to the economic outlook and likely trigger a much harder hitting recession.\u201d Gold for&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/gold-futures-end-higher-post-a-loss-for-the-month-a651e29c?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold futures ended Wednesday with a gain, but overall strength in the U.S. dollar was among the reasons why prices for the metal posted a loss for the month. \u201cA debt deal is not necessarily bad news for gold,\u201d said Edward Moya, senior market analyst at OANDA. \u201cCongress appears to be in a position to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-16406","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gold futures end higher, post a loss for the month | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Gold futures ended Wednesday with a gain, but overall strength in the U.S. dollar was among the reasons why prices for the metal posted a loss for the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=16406\" 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