{"id":63085,"date":"2009-12-04T09:58:58","date_gmt":"2009-12-04T14:58:58","guid":{"rendered":"http:\/\/www.businessinsider.com\/less-bad-jobs-data-drops-gold-below-1200-2009-12"},"modified":"2009-12-04T09:58:58","modified_gmt":"2009-12-04T14:58:58","slug":"gold-plunges-below-1200-after-jobs-data","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/63085","title":{"rendered":"Gold Plunges Below $1200 After Jobs Data"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b19204400000000003828f5&amp;maxX=400\" border=\"0\" alt=\"Gold\" width=\"400\" \/><\/p>\n<p>Investors are selling off gold after better than expected U.S. unemployment data.<\/p>\n<p>Note how gold tanked right after the jobs data was released. 13:29 shown in the image to the right corresponds with 8:29 A.M. in the U.S..<\/p>\n<p>Also, the dollar concurrently jumped right after the jobs data came out.<\/p>\n<p>Yet despite this dollar strength, stocks are up strong today with the S&amp;P 500 gaining 1.5%.<\/p>\n<p>There goes the &#8216;everything trades up on a weak dollar&#8217; meme.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b191f1700000000008fbb16\" border=\"0\" alt=\"Gold\" width=\"600\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/less-bad-jobs-data-drops-gold-below-1200-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/surprise-now-even-china-thinks-gold-is-in-bubble-territory-2009-12\">Surprise: Now Even China Thinks Gold Is In Bubble Territory<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/goldman-golds-headed-to-1450-2009-12\">Goldman: Gold&#8217;s Headed To $1450<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/did-paulson-make-50-million-in-5-weeks-betting-on-gold-2009-12\">Amazing: John Paulson Makes $50 Million In Five Weeks On A Gold Trade (DGC)<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/01OZMwT0yE4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors are selling off gold after better than expected U.S. unemployment data. Note how gold tanked right after the jobs data was released. 13:29 shown in the image to the right corresponds with 8:29 A.M. in the U.S.. Also, the dollar concurrently jumped right after the jobs data came out. Yet despite this dollar strength, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-63085","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/63085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=63085"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/63085\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=63085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=63085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=63085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}