{"id":129748,"date":"2024-08-23T08:37:42","date_gmt":"2024-08-23T08:37:42","guid":{"rendered":"https:\/\/kinesis.money\/?p=129748"},"modified":"2024-08-23T08:42:18","modified_gmt":"2024-08-23T08:42:18","slug":"gold-price-falls-dollar-rebound","status":"publish","type":"post","link":"https:\/\/kinesis.money\/es\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/","title":{"rendered":"Gold Price News: Gold Falls Back As US Dollar Strengthens"},"content":{"rendered":"\n

Gold prices <\/a>fell on Thursday, pulling back from an all-time high seen earlier in the week.<\/p>\n\n\n\n

Prices fell as low as $2,471 an ounce on Thursday, compared with just under $2,500 an ounce in late trades on Wednesday.<\/p>\n\n\n

\n
\"\"
Gold price ($\/g) – from Kinesis Exchange<\/figcaption><\/figure>\n<\/div>\n\n\n

The US dollar strengthened against other currencies on Thursday, rebounding from a 13-month low against the Euro seen on Wednesday. A stronger dollar tends to weigh on dollar-denominated gold prices as it makes the yellow metal more expensive for buyers in other currencies, denting demand.<\/p>\n\n\n\n

Gold\u2019s push to a new all-time high of $2,532 an ounce on Tuesday may also have attracted some profit-taking moving into Thursday\u2019s session, leaving prices vulnerable to a modest downward move.<\/p>\n\n\n\n

US initial jobless claims figures for the week ending August 17 came in at 232,000 on Thursday, broadly in line with market expectations, and providing little impetus for gold prices.<\/p>\n\n\n\n

On a technical basis, eyes will now be on the price level of around $2,475 to $2,480 an ounce to see if this previous resistance level becomes a new area of support.<\/p>\n\n\n\n

Looking ahead, attention will turn to Friday\u2019s planned speech by US Fed Chair Jerome Powell at a gathering of central bankers at the Jackson Hole Symposium on Friday and Saturday, for any clues on the path forward for interest rates. The markets will be hoping for clear guidance on whether inflation has fallen enough to warrant a rate cut in September, and of what magnitude.<\/p>\n\n\n\t\t\t

\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t

Frank\u2019s experience<\/a> covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets.\u00a0<\/em>He has worked as a senior editor for S&P Global Commodity Insights\u00a0(formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.<\/em><\/p>\n

This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.<\/i>
\n<\/i><\/p>\n

Read our Editorial Guidelines\u00a0<\/i>here.<\/a><\/i><\/p>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"

Gold prices fell on Thursday, pulling back from an all-time high seen earlier in the week. Prices fell as low as $2,471 an ounce on Thursday, compared with just under $2,500 an ounce in late trades on Wednesday. The US dollar strengthened against other currencies on Thursday, rebounding from a 13-month low against the Euro […]<\/p>\n","protected":false},"author":50,"featured_media":129780,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[215],"tags":[],"class_list":["post-129748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-news"],"acf":[],"yoast_head":"\nGold Price News: Gold Falls Back As US Dollar Strengthens - Kinesis<\/title>\n<meta name=\"description\" content=\"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Price News: Gold Falls Back As US Dollar Strengthens\" \/>\n<meta property=\"og:description\" content=\"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/\" \/>\n<meta property=\"og:site_name\" content=\"Kinesis\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-23T08:37:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-23T08:42:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"529\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Frank Watson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Watson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/\"},\"author\":{\"name\":\"Frank Watson\",\"@id\":\"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52\"},\"headline\":\"Gold Price News: Gold Falls Back As US Dollar Strengthens\",\"datePublished\":\"2024-08-23T08:37:42+00:00\",\"dateModified\":\"2024-08-23T08:42:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/\"},\"wordCount\":254,\"image\":{\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg\",\"articleSection\":[\"Gold News\"],\"inLanguage\":\"es\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/kinesis.money\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/\",\"url\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/\",\"name\":\"Gold Price News: Gold Falls Back As US Dollar Strengthens - Kinesis\",\"isPartOf\":{\"@id\":\"https:\/\/kinesis.money\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg\",\"datePublished\":\"2024-08-23T08:37:42+00:00\",\"dateModified\":\"2024-08-23T08:42:18+00:00\",\"author\":{\"@id\":\"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52\"},\"description\":\"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.\",\"breadcrumb\":{\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage\",\"url\":\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg\",\"contentUrl\":\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg\",\"width\":960,\"height\":529,\"caption\":\"frank watson market analyst gold news\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kinesis.money\/es\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold Price News: Gold Falls Back As US Dollar Strengthens\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kinesis.money\/#website\",\"url\":\"https:\/\/kinesis.money\/\",\"name\":\"Kinesis\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kinesis.money\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52\",\"name\":\"Frank Watson\",\"description\":\"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0\",\"jobTitle\":\"Precious Metals Market Analyst\",\"url\":\"https:\/\/kinesis.money\/es\/author\/frankwatson\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gold Price News: Gold Falls Back As US Dollar Strengthens - Kinesis","description":"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"es_ES","og_type":"article","og_title":"Gold Price News: Gold Falls Back As US Dollar Strengthens","og_description":"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.","og_url":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/","og_site_name":"Kinesis","article_published_time":"2024-08-23T08:37:42+00:00","article_modified_time":"2024-08-23T08:42:18+00:00","og_image":[{"width":960,"height":529,"url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg","type":"image\/jpeg"}],"author":"Frank Watson","twitter_card":"summary_large_image","twitter_description":"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.","twitter_misc":{"Escrito por":"Frank Watson","Tiempo de lectura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#article","isPartOf":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/"},"author":{"name":"Frank Watson","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"headline":"Gold Price News: Gold Falls Back As US Dollar Strengthens","datePublished":"2024-08-23T08:37:42+00:00","dateModified":"2024-08-23T08:42:18+00:00","mainEntityOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/"},"wordCount":254,"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg","articleSection":["Gold News"],"inLanguage":"es","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/kinesis.money\/#organization"}},{"@type":"WebPage","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/","url":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/","name":"Gold Price News: Gold Falls Back As US Dollar Strengthens - Kinesis","isPartOf":{"@id":"https:\/\/kinesis.money\/#website"},"primaryImageOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage"},"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg","datePublished":"2024-08-23T08:37:42+00:00","dateModified":"2024-08-23T08:42:18+00:00","author":{"@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"description":"Discover Kinesis' gold news analysis for today, Friday 23rd of August 2024, from leading precious metals analyst Frank Watson.","breadcrumb":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#primaryimage","url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg","contentUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg","width":960,"height":529,"caption":"frank watson market analyst gold news"},{"@type":"BreadcrumbList","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-price-falls-dollar-rebound\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kinesis.money\/es\/"},{"@type":"ListItem","position":2,"name":"Gold Price News: Gold Falls Back As US Dollar Strengthens"}]},{"@type":"WebSite","@id":"https:\/\/kinesis.money\/#website","url":"https:\/\/kinesis.money\/","name":"Kinesis","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kinesis.money\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Person","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52","name":"Frank Watson","description":"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0","jobTitle":"Precious Metals Market Analyst","url":"https:\/\/kinesis.money\/es\/author\/frankwatson\/"}]}},"post_thumbnails":{"large":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-feature-image-gold-falls-back-as-us-dollar-strengthens.jpg","small":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/08\/gold-square-coral1-fri.jpg"},"_links":{"self":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/posts\/129748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/comments?post=129748"}],"version-history":[{"count":0,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/posts\/129748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/media\/129780"}],"wp:attachment":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/media?parent=129748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/categories?post=129748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/tags?post=129748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}