{"id":28754,"date":"2012-04-04T09:05:51","date_gmt":"2012-04-04T13:05:51","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/04\/gold-and-silver-tumble-post-fed-meeting\/"},"modified":"2012-04-04T09:05:51","modified_gmt":"2012-04-04T13:05:51","slug":"gold-and-silver-tumble-post-fed-meeting","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/04\/04\/gold-and-silver-tumble-post-fed-meeting\/","title":{"rendered":"Gold and Silver Tumble Post Fed Meeting"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/plugins\/profile-pic\/default.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>Gold and silver prices sharply fell as a result of a strengthening U.S Dollar post Fed Minutes Meeting.The two metals were coming off a two-day rally prior to the FOMC Meeting which was held yesterday. The yellow metal experienced its biggest decline in four weeks.<\/p>\n<p><span><\/span>Hopes for further monetary stimulus was talked down during the Fed Meeting which resulted in a rising Greenback causing both gold and silver to sharply fall.<\/p>\n<p>There is talk suggesting the recent rallies in Gold prices were nothing more than a limited correction, as investors are showing concern over the metals&#8217; current market situation.<\/p>\n<p>Gold which is known to be a safe haven usually benefits from expectations of monetary stimulus.Due to the fact that  investors would turn to the metal as a safe store of value and inflation hedge. Meanwhile, the U.S Dollar continued to strengthen during Asian and European trading today.<\/p>\n<p>Gold and silver&#8217;s downfall is largely due to a rising Dollar, which puts great pressure on dollar- denominated commodities as they become alot more expensive for holders of other currencies.<\/p>\n<p>Gold prices were also affected by the protests in India which have moved into a 19th day. The strike has a big impact on the precious metals market as India was the second largest bullion consumer in the fourth quarter.<\/p>\n<p>As long as the Greenback goes from strength to strength, gold and silver prices will struggle to maintain a steady position in the markets.<\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard Gold and silver prices sharply fell as a result of a strengthening U.S Dollar post Fed Minutes Meeting.The two metals were coming off a two-day rally prior to the FOMC Meeting which was held yesterday. The yellow metal experienced its biggest decline in four weeks. Hopes for further monetary stimulus was talked down &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/04\/04\/gold-and-silver-tumble-post-fed-meeting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gold and Silver Tumble Post Fed Meeting&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28754","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/28754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=28754"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/28754\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=28754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=28754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=28754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}