{"id":14748,"date":"2011-08-24T06:05:46","date_gmt":"2011-08-24T04:05:46","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14748\/oil-rises-on-qe-hopes-while-gold-tumbles-on-profit-taking\/"},"modified":"2011-08-24T06:05:46","modified_gmt":"2011-08-24T04:05:46","slug":"oil-rises-on-qe-hopes-while-gold-tumbles-on-profit-taking","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14748\/oil-rises-on-qe-hopes-while-gold-tumbles-on-profit-taking\/","title":{"rendered":"Oil Rises on QE Hopes while Gold Tumbles on Profit Taking"},"content":{"rendered":"

In the commodity sector, oil prices strengthened as led by stock markets and decline in crude inventory in the US. The front-month contract for WTI crude oil rose for a third consecutive day to a 3-day high of 86.39 before settling at 85.44, +1.21% while the equivalent Brent crude contract soared above 110 for the first time in 3 days and closed at 109.3, up +0.88%. Gold slumped on profit-taking yesterday after rising to a record high of 1917.9.<\/p>\n

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\nOil Rises on QE Hopes while Gold Tumbles on Profit Taking<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In the commodity sector, oil prices strengthened as led by stock markets and decline in crude inventory in the US. The front-month contract for WTI crude oil rose for a third consecutive day to a 3-day high of 86.39 before settling at 85.44, +1.21% while the equivalent Brent crude contract soared above 110 for the first time in 3 days and closed at 109.3, up +0.88%. Gold slumped on profit-taking yesterday after rising to a record high of 1917.9. <\/p>\n","protected":false},"author":8,"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-14748","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\/14748","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=14748"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14748\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}