{"id":12474,"date":"2010-11-05T05:27:08","date_gmt":"2010-11-05T04:27:08","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12474\/gold-approaches-1400-as-qe2-stokes-inflation\/"},"modified":"2010-11-05T05:27:08","modified_gmt":"2010-11-05T04:27:08","slug":"gold-approaches-1400-as-qe2-stokes-inflation","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12474\/gold-approaches-1400-as-qe2-stokes-inflation\/","title":{"rendered":"Gold Approaches 1400 as QE2 Stokes Inflation"},"content":{"rendered":"<p>Gold rallied to a new record high of 1349 before settling at 1383.1 yesterday. The +3.4% rise was the biggest daily gain since March and was mainly driven by renewed selling pressure in USD and anticipated impacts of QE2. Following gold's suit, silver jumped +6.58% and ended the day at 26.043, the highest level since 1980. Crude oil surged +2.13% as the rally accelerated after a firm break of 85. The front-month contract ended the day at 86.49. Apart from weak dollar and strong equities, OPEC's comments that oil at 90 would not hinder global growth boosted oil prices further.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=YMBS6Nwpb3o:JcsMwajeNuk:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=YMBS6Nwpb3o:JcsMwajeNuk:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=YMBS6Nwpb3o:JcsMwajeNuk:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=YMBS6Nwpb3o:JcsMwajeNuk:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=YMBS6Nwpb3o:JcsMwajeNuk:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=YMBS6Nwpb3o:JcsMwajeNuk:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=YMBS6Nwpb3o:JcsMwajeNuk:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=YMBS6Nwpb3o:JcsMwajeNuk:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=YMBS6Nwpb3o:JcsMwajeNuk:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/YMBS6Nwpb3o\" height=\"1\" width=\"1\" \/><\/p>\n<p>See original here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/YMBS6Nwpb3o\/\" title=\"Gold Approaches 1400 as QE2 Stokes Inflation\">Gold Approaches 1400 as QE2 Stokes Inflation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold rallied to a new record high of 1349 before settling at 1383.1 yesterday. The +3.4% rise was the biggest daily gain since March and was mainly driven by renewed selling pressure in USD and anticipated impacts of QE2. Following gold's suit, silver jumped +6.58% and ended the day at 26.043, the highest level since 1980. Crude oil surged +2.13% as the rally accelerated after a firm break of 85. The front-month contract ended the day at 86.49. Apart from weak dollar and strong equities, OPEC's comments that oil at 90 would not hinder global growth boosted oil prices further. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12474","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\/12474","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=12474"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12474\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}