{"id":57391,"date":"2023-09-06T01:30:22","date_gmt":"2023-09-06T05:30:22","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/gold-futures-at-lowest-in-a-week-as-dollar-strengthens-after-downbeat-global-data\/"},"modified":"2023-09-06T01:30:24","modified_gmt":"2023-09-06T05:30:24","slug":"gold-futures-at-lowest-in-a-week-as-dollar-strengthens-after-downbeat-global-data","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=57391","title":{"rendered":"Gold futures at lowest in a week as dollar strengthens after downbeat global data"},"content":{"rendered":"
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Gold futures settled Tuesday at their lowest in about a week, feeling pressure from a stronger U.S. dollar in response to downbeat economic data out of China and Europe along with rising bond yields after an oil output cut by Saudi Arabia and Russia raised the specter of inflation again .<\/p>\n

Price action<\/h2>\n

Market drivers<\/h2>\n

Gold and silver both rose around 1.4% last week as a fall in Treasury yields reduced the opportunity cost of holding nonyielding assets. U.S. markets were closed Monday for the Labor Day holiday.<\/p>\n

…<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold futures settled Tuesday at their lowest in about a week, feeling pressure from a stronger U.S. dollar in response to downbeat economic data out of China and Europe along with rising bond yields after an oil output cut by Saudi Arabia and Russia raised the specter of inflation again . Price action Market drivers […]<\/p>\n","protected":false},"author":1,"featured_media":2098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-57391","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nGold futures at lowest in a week as dollar strengthens after downbeat global data | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Gold futures settled Tuesday at their lowest in about a week, feeling pressure from a stronger U.S. dollar in response to downbeat economic data out of\" \/>\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=57391\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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