{"id":29994,"date":"2023-07-20T09:26:26","date_gmt":"2023-07-20T07:26:26","guid":{"rendered":"https:\/\/investmentbell.com\/?p=29994"},"modified":"2023-08-23T15:16:58","modified_gmt":"2023-08-23T13:16:58","slug":"gold-is-at-the-highest-level-in-9-weeks-with-the-weakness-of-the-dollar-and-hopes-to-stop-raising-interest-rates","status":"publish","type":"post","link":"https:\/\/investmentbell.com\/id\/news\/commodities\/gold-is-at-the-highest-level-in-9-weeks-with-the-weakness-of-the-dollar-and-hopes-to-stop-raising-interest-rates\/","title":{"rendered":"Emas berada di level tertinggi dalam 9 minggu, dengan pelemahan dolar dan harapan untuk berhenti menaikkan suku bunga"},"content":{"rendered":"<p>Gold prices rose Thursday, July 20, to a nine-week high, thanks to a weaker dollar and bets that the US Federal Reserve may soon halt its cycle of interest rate hikes.<\/p>\n\n\n\n<p>And by 03:25 GMT, spot gold rose 0.5% to $ 1987.18 an ounce, the highest level since mid-May. US gold futures rose 0.4% to $1,988.80.<\/p>\n\n\n\n<p>&#8220;It is likely that we will reach the end of the US Federal Reserve&#8217;s interest rate hike at the next meeting of the Federal Open Market Committee (on July 26),&#8221; said Baden Moore, head of carbon and commodity strategy at the National Bank of Australia.<\/p>\n\n\n\n<p>Low interest rates help gold because they reduce the opportunity cost of holding the non-yielding yellow metal.<\/p>\n\n\n\n<p>The dollar index fell 0.2%, near its lowest level in more than a year, making gold cheaper for holders of other currencies.<\/p>\n\n\n\n<p>The US central bank is expected to raise interest rates by 25 basis points at its meeting next week, to keep them in the range of 5.25-5.5 percent in 2023, according to CME&#8217;s Fed Watch tool.<\/p>\n\n\n\n<p>As for other precious metals, silver increased in spot transactions by 0.3% to $25.23 an ounce, platinum rose 0.1% to $973.81, while palladium fell 0.2% to $1,305.54.<\/p>\n<div class=\"rate-now\"><span id=\"rate-mypost29994\"><\/span> <span id=\"rate-points\"> 0<\/span><\/div>\n\t\t\t<script type=\"text\/javascript\">jQuery('#rate-mypost29994').raty({\n\t\t\t\thalfShow : true,\n\t\t\t\thalf: true,readOnly: true,score: 0,\n\t\t\t\tpath: \"https:\/\/investmentbell.com\/wp-content\/plugins\/userpro-rating\/images\/\"\n\t\t\t\t});<\/script>","protected":false},"excerpt":{"rendered":"<p>Gold prices rose Thursday, July 20, to a nine-week high, thanks to a weaker dollar and bets that the US Federal Reserve may soon halt its cycle of interest rate hikes. And by 03:25 GMT, spot gold rose 0.5% to $ 1987.18 an ounce, the highest level since mid-May. US gold futures rose 0.4% to [&hellip;]<\/p>","protected":false},"author":13,"featured_media":29995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":{"0":"post-29994","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commodities-news"},"_links":{"self":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts\/29994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/comments?post=29994"}],"version-history":[{"count":1,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts\/29994\/revisions"}],"predecessor-version":[{"id":144453,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/posts\/29994\/revisions\/144453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/media\/29995"}],"wp:attachment":[{"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/media?parent=29994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/categories?post=29994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investmentbell.com\/id\/wp-json\/wp\/v2\/tags?post=29994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}