{"id":741721,"date":"2026-02-04T12:27:11","date_gmt":"2026-02-04T12:27:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/741721\/"},"modified":"2026-02-04T12:27:11","modified_gmt":"2026-02-04T12:27:11","slug":"gold-rebounds-above-5000-after-us-downs-iran-drone","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/741721\/","title":{"rendered":"Gold rebounds above $5,000 after US downs Iran drone"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A US military spokesman confirmed the Iranian drone had been shot down after it &#8220;aggressively approached&#8221; an American aircraft carrier in the Arabian Sea.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Tehran has not commented on Tuesday&#8217;s incident.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Gold prices peaked at $5,500 in January but last Friday tumbled after US President Donald Trump nominated Kevin Warsh as chair of the Federal Reserve. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Warsh is viewed by investors as a relatively safe pick, calming concerns about the independence of the central bank following attacks by Trump against the current chair Jerome Powell and the pace of interest rate cuts. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cpdy0y3jle4o\" class=\"ssrcss-edv9ii-InlineLink e1kn3p7n0\" target=\"_blank\" rel=\"noopener\">Friday&#8217;s drop<\/a>, which saw the gold price fall 9%, was its biggest one-day decline since 1983.<\/p>\n","protected":false},"excerpt":{"rendered":"A US military spokesman confirmed the Iranian drone had been shot down after it &#8220;aggressively approached&#8221; an American&hellip;\n","protected":false},"author":2,"featured_media":731265,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[51,16,15],"class_list":{"0":"post-741721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-uk","10":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116012361169365038","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/741721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=741721"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/741721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/731265"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=741721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=741721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=741721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}