{"id":12131,"date":"2010-09-22T06:41:47","date_gmt":"2010-09-22T04:41:47","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12131\/gold-higher-as-fed-moves-closer-to-qe2\/"},"modified":"2010-09-22T06:41:47","modified_gmt":"2010-09-22T04:41:47","slug":"gold-higher-as-fed-moves-closer-to-qe2","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12131\/gold-higher-as-fed-moves-closer-to-qe2\/","title":{"rendered":"Gold Higher as Fed Moves Closer to QE2"},"content":{"rendered":"

The Fed’s commitment to provide additional easing measures if needed triggered selloff in USD, hence pushed gold higher. The yellow metal, however, retreated after surging to a record high of 1292.4 on profit-taking and ended the day at 1274.3, down -0.51%. WTI crude oil initially jumped to 76.37 but gains were pared after a report showing rise in crude inventory. The November contract closed at 74.97, down -1.58%.<\/p>\n

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Read more here:\u00a0
\nGold Higher as Fed Moves Closer to QE2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Fed’s commitment to provide additional easing measures if needed triggered selloff in USD, hence pushed gold higher. The yellow metal, however, retreated after surging to a record high of 1292.4 on profit-taking and ended the day at 1274.3, down -0.51%. WTI crude oil initially jumped to 76.37 but gains were pared after a report showing rise in crude inventory. The November contract closed at 74.97, down -1.58%. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12131","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=12131"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12131\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}