{"id":243752,"date":"2021-05-06T21:24:00","date_gmt":"2021-05-06T18:24:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/gold-price-tops-1800-for-first-time-since-february\/"},"modified":"2021-05-06T21:24:00","modified_gmt":"2021-05-06T18:24:00","slug":"gold-price-tops-1800-for-first-time-since-february","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gold-price-tops-1800-for-first-time-since-february\/","title":{"rendered":"#\n  Gold price tops $1,800 for first time since February"},"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-6a3dcadcb056c\" 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-6a3dcadcb056c\" 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-price-tops-1800-for-first-time-since-february\/#Silver_futures_also_trade_at_highest_in_over_2_months\" >Silver futures also trade at highest in over 2 months<\/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-price-tops-1800-for-first-time-since-february\/#Myra_P_Saefong_and\" >Myra P. Saefong and<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/gold-price-tops-1800-for-first-time-since-february\/#Mark_DeCambre\" >Mark DeCambre<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Gold price tops $1,800 for first time since February<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Silver_futures_also_trade_at_highest_in_over_2_months\"><\/span>\n  Silver futures also trade at highest in over 2 months<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000259105\">\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>       Gold prices climbed on Thursday, lifting the commodity above the psychologically significant value of $1,800 an ounce for the first time since February, as slipping bond yields and a slightly weaker U.S. dollar offered some support.<\/p>\n<p> The precious metal\u2019s rise above the key price mark is \u201cquite something for gold,\u201d Ross Norman, chief executive officer at Metals Daily, told MarketWatch.<\/p>\n<div class=\"paywall\">\n       \u201cOver the last three weeks, it has attempted these levels five times unsuccessfully, which further reinforces the\u00a0strength of the resistance level,\u201d he said. \u201cThe key issue is the nominal 10-year Treasury yields has been edging lower and the real yield looks like it is\u00a0headed back to -1% once again.\u201d \u00a0<\/p>\n<p>Meanwhile, \u201cthe sharp move higher in silver through the $27 level will also have given gold confidence to move higher,\u201d said Norman. <\/p>\n<p>June gold<br \/>\n        GC00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210034565\/delayed\" class=\"positive\">+1.71%<\/bg-quote><\/p>\n<p>        GCM21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210036734\/delayed\" class=\"positive\">+1.71%<\/bg-quote><br \/>\n      \u00a0rose $27.20, or 1.5%, to trade at around $1,811.20 an ounce after trading as high as $1,812.80. Prices for the most-active contract haven\u2019t traded or settled above $1,800 since February, FactSet data show.<\/p>\n<p>July silver<br \/>\n        SIN21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210317766\/delayed\" class=\"positive\">+3.52%<\/bg-quote><\/p>\n<p>        SI00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210315219\/delayed\" class=\"positive\">+3.52%<\/bg-quote><br \/>\n       also added 92 cents, or 3.5% to $27.45 an ounce, with prices on track for their highest finish since late February.<\/p>\n<p>\u201cWith gold and silver bulls garnering support from [Federal Reserve] assurances of ongoing low rates overnight and the dollar showing a definitive reversal down, it would <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>ear as if gold is poised\u201d to mark a two-and-a-half month high for the session, analysts at Zaner wrote in a daily note.<\/p>\n<p>\u201cFed dialogue over the last 36 hours has partially tamped down the rising rate threat\u201d sparked by Treasury Secretary [Janet Yellen\u2019s] comments earlier in the week calling for the Fed to act, they said.<\/p>\n<p><strong>Read:<\/strong> Fed\u2019s Rosengren says higher inflation will be as temporary as last year\u2019s toilet-paper shortage<\/p>\n<p>On Wednesday, the precious metal bounced back from a Tuesday decline after Yellen, formerly head of the Federal Reserve, clarified remarks that had been interpreted as advocating for raising interest rates to keep the economy from overheating.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>The 10-year Treasury note yield<br \/>\n        TMUBMUSD10Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">1.565%<\/bg-quote><br \/>\n       was lower at around 1.57%, while the U.S. dollar was off 0.4% at 90.964, as measured by the ICE U.S. Dollar Index<br \/>\n        DXY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598269\/delayed\" class=\"negative\">-0.40%<\/bg-quote><span>.<\/span>\n       <\/p>\n<p>Commodity traders are also parsing the Bank of England\u2019s vote that advocated for slowing the pace of continuing government bond purchases \u201csomewhat.\u201d<\/p>\n<p>By an 8-to-1 vote, the Bank of England said it would maintain its target for U.K. government bond purchases at \u00a3875 billion, with only chief economist Andy Haldane, who is going to be leaving the central bank, voting to reduce the size by \u00a350 billion.<\/p>\n<p>Rounding out action on Comex, prices for July copper<br \/>\n        HGN21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210057810\/delayed\" class=\"positive\">+1.65%<\/bg-quote><br \/>\n       added 1.4% to $4.56 a pound, with most-active contract prices trading at their highest since 2011.<\/p>\n<p>July platinum<br \/>\n        PLN21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/218196645\/delayed\" class=\"positive\">+2.02%<\/bg-quote><br \/>\n       rose 1.2% to $1,244.50 an ounce and June palladium<br \/>\n        PAM21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/217647915\/delayed\" class=\"negative\">-0.85%<\/bg-quote><br \/>\n       lost 1.1% to $2,940 an ounce.<\/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\":\"Myra P. Saefong\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Myra_P_Saefong_and\"><\/span>Myra P. Saefong and<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><\/h4>\n<\/p><\/div>\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-D3F4216988D8%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Gold price tops $1,800 for first time since February &#8221; Silver futures also trade at highest in over 2 months Gold prices climbed on Thursday, lifting the commodity above the psychologically significant value of $1,800 an ounce for the first time since February, as slipping bond yields and a slightly weaker U.S. dollar offered&#8230;<\/p>\n","protected":false},"author":1,"featured_media":243753,"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-243752","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\/243752","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=243752"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/243752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/243753"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=243752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=243752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=243752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}