{"id":113430,"date":"2026-05-22T14:59:28","date_gmt":"2026-05-22T09:59:28","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=113430"},"modified":"2026-05-22T14:59:28","modified_gmt":"2026-05-22T09:59:28","slug":"gold-becomes-cheaper-dollar-becomes-expensive","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/gold-rates\/gold-becomes-cheaper-dollar-becomes-expensive\/","title":{"rendered":"Gold becomes cheaper &#038; Dollar becomes expensive"},"content":{"rendered":"<p>ISLAMABAD:<a href=\"https:\/\/dailyausaf.com\/en\/business\/fresh-increase-recorded-in-gold-prices-on-thursday\/\"> Gold prices<\/a> have fallen in the global market, mainly due to the strength of the US dollar and expectations of a possible increase in interest rates.<\/p>\n<p>Spot gold fell 0.3 percent on Friday to $4,527.60 per ounce, while prices also recorded a slight decline on a weekly basis. Similarly, US gold futures were also trading down 0.3 percent to $4,529.10 per ounce.<\/p>\n<p>According to experts, a strong US dollar makes gold expensive for holders of other currencies, which affects demand. Analysts say that high interest rates around the world are also putting pressure on gold prices.<\/p>\n<p>Meanwhile, Marco Rubio indicated some positive progress in negotiations with Iran, however, uranium reserves and control of the Strait of Hormuz are still among the main disputes.<\/p>\n<p>Rising oil prices have raised inflation concerns, fueling expectations that the US central bank, the Federal Reserve, will raise interest rates further.<\/p>\n<p>According to market data, the probability of an interest rate hike by the end of the year has reached about 60%.<\/p>\n<p>On the other hand, Donald Trump\u2019s announcement that Kevin Voorsch will be sworn in as Fed Chairman is also the focus of investors\u2019 attention.<\/p>\n<p>Among other precious metals, silver fell 0.2%, but is expected to rise on a weekly basis, while platinum and palladium prices also fell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Gold prices have fallen in the global market, mainly due to the strength of the US dollar and expectations of a possible increase in interest rates. Spot gold fell 0.3 percent on Friday to $4,527.60 per ounce, while prices also recorded a slight decline on a weekly basis. Similarly, US gold futures were also [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":99945,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14814],"tags":[136],"class_list":["post-113430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-rates","tag-gold-prices"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/113430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=113430"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/113430\/revisions"}],"predecessor-version":[{"id":113431,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/113430\/revisions\/113431"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/99945"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=113430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=113430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=113430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}