{"id":12193,"date":"2023-08-16T12:00:52","date_gmt":"2023-08-16T12:00:52","guid":{"rendered":"https:\/\/isafespend.com\/investing\/gold-settles-at-1-month-low-after-worst-week-in-nearly-2-months\/"},"modified":"2023-08-16T12:00:53","modified_gmt":"2023-08-16T12:00:53","slug":"gold-settles-at-1-month-low-after-worst-week-in-nearly-2-months","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=12193","title":{"rendered":"Gold settles at 1-month low after worst week in nearly 2 months"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002395446\">\n<div class=\"snippet__body\">\n<p>Gold futures finished at their lowest in over a month on Monday, following their worst weekly pullback in nearly two months as U.S. dollar strength continued to sap the value of the yellow metal. <\/p>\n<h2>Price action<\/h2>\n<h2>Market drivers<\/h2>\n<p>The latest gains for the U.S. dollar against its main rivals weighed on gold prices on Monday. The ICE U.S. Dollar Index DXY, a gauge of the dollar\u2019s strength against a basket of rivals, was up by 0.3% at 103.19. That was the greenback\u2019s highest level since July 6, according to FactSet&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/gold-continues-to-slide-after-worst-week-in-nearly-2-months-560145f8?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold futures finished at their lowest in over a month on Monday, following their worst weekly pullback in nearly two months as U.S. dollar strength continued to sap the value of the yellow metal. Price action Market drivers The latest gains for the U.S. dollar against its main rivals weighed on gold prices on Monday.<\/p>\n","protected":false},"author":1,"featured_media":10941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-12193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gold settles at 1-month low after worst week in nearly 2 months | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Gold futures finished at their lowest in over a month on Monday, following their worst weekly pullback in nearly two months as U.S. dollar strength\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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