{"id":150012,"date":"2021-01-08T17:10:00","date_gmt":"2021-01-08T14:10:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/gold-prices-fall-over-1-slip-from-perch-at-1900-an-ounce\/"},"modified":"2021-01-08T17:10:00","modified_gmt":"2021-01-08T14:10:00","slug":"gold-prices-fall-over-1-slip-from-perch-at-1900-an-ounce","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gold-prices-fall-over-1-slip-from-perch-at-1900-an-ounce\/","title":{"rendered":"#\n  Gold prices fall over 1%, slip from perch at $1,900 an ounce"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a38750c421a9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a38750c421a9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/gold-prices-fall-over-1-slip-from-perch-at-1900-an-ounce\/#Gold_and_silver_are_set_to_end_the_week_flat_to_slightly_lower\" >Gold and silver are set to end the week flat to slightly lower<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/gold-prices-fall-over-1-slip-from-perch-at-1900-an-ounce\/#Mark_DeCambre\" >Mark DeCambre<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Gold prices fall over 1%, slip from perch at $1,900 an ounce<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Gold_and_silver_are_set_to_end_the_week_flat_to_slightly_lower\"><\/span>\n  Gold and silver are set to end the week flat to slightly lower<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000123356\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Futures for gold on Friday were falling sharply, giving ground to trade below $1,900 an ounce as yields for U.S. government bonds extended a weekly climb, eroding some <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>etite for bullion which competes against haven sovereign debt for buyers. <\/p>\n<p> A weaker-than-expected December jobs report failed to provide much of lift for metals on the session. <\/p>\n<div class=\"paywall\">\n       The 10-year U.S. Treasury yield<br \/>\n        TMUBMUSD10Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">1.094%<\/bg-quote><br \/>\n       was nearing 1.1%, after ending 2020 at 0.926%, marking a powerful uptrend for rates for the benchmark note in the first full week of 2021. <\/p>\n<p>Investors also will watch for a report on the health of the U.S. jobs market, which could influence trade in precious metals. <\/p>\n<p>The session\u2019s slump for gold prices followed a pair of political wins by Democratic candidates in Senate runoff races in Georgia earlier in the week that paved the way for further fiscal relief measures from President-elect Joe Biden after he takes office on Jan. 20. <\/p>\n<p>February gold<br \/>\n        GCG21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210035429\/delayed\" class=\"negative\">-1.30%<\/bg-quote><\/p>\n<p>        GC00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210034565\/delayed\" class=\"negative\">-1.30%<\/bg-quote><br \/>\n       was trading $21.70, down 1.1% at $1,892 an ounce, which would put the contract around its lowest level since the end of December, according to FactSet data. <\/p>\n<p>\u201cThis may well just be a bit of a catch up move, with yields having risen all week following the Democrats victory in Georgia which gave them control of the Senate and completing the clean sweep,\u201d wrote Craig Erlam, senior market analyst at Oanda, in a daily research note.  <\/p>\n<p>Silver for March delivery<br \/>\n        SIH21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/211961204\/delayed\" class=\"negative\">-2.00%<\/bg-quote><\/p>\n<p>        SI00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210315219\/delayed\" class=\"negative\">-2.00%<\/bg-quote><span>,<\/span><br \/>\n       meanwhile, was trading 68 cents, or 2.5%, lower at $$26.58 an ounce.  <\/p>\n<p>For the week, gold was on track for a weekly skid of 0.3%, while silver was set for a weekly slide of less than 0.1%, based on the most-active contracts. <\/p>\n<p>A closely watched employment reading showed that the U.S. lost jobs in December for the first time in eight months as the spread of coronavirus and variants of the COVID-19 forced fresh lockdowns in parts of the country. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Businesses and government shed 140,000 jobs last month,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" class=\"icon none\">the Bureau of Labor Statistics said Friday<\/a>. The official unemployment rate, meanwhile, was unchanged at 6.7%. <\/p>\n<p>Market participants said that the lack of upside reaction from gold may be due to expectations that the jobs report would be softer and a bullish economic outlook that could hurt gold prices in the near term.<\/p>\n<p>\u201cToday\u2019s big miss on the jobs consensus forecast did not significantly move markets. Reason: Traders and investors are so keenly focused on the bullish aspects of the likely end of the raging pandemic this year and the ensuing expected booms in world economies,\u201d wrote Jim Wyckoff, senior analyst at Kitco.com. <\/p>\n<p>. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Mark DeCambre\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Mark_DeCambre\"><\/span>Mark DeCambre<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D1E1DC05C56C%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Gold prices fall over 1%, slip from perch at $1,900 an ounce &#8221; Gold and silver are set to end the week flat to slightly lower Futures for gold on Friday were falling sharply, giving ground to trade below $1,900 an ounce as yields for U.S. government bonds extended a weekly climb, eroding some&#8230;<\/p>\n","protected":false},"author":1,"featured_media":150013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-150012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/150012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=150012"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/150012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/150013"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=150012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=150012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=150012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}