{"id":100,"date":"2026-10-14T14:44:47","date_gmt":"2026-10-14T14:44:47","guid":{"rendered":"https:\/\/www.marketreviewdaily.com\/three-drivers-behind-golds-resilience-this-quarter"},"modified":"2026-10-14T14:44:47","modified_gmt":"2026-10-14T14:44:47","slug":"three-drivers-behind-golds-resilience-this-quarter","status":"publish","type":"post","link":"https:\/\/www.marketreviewdaily.com\/es\/three-drivers-behind-golds-resilience-this-quarter\/","title":{"rendered":"Tres factores detr\u00e1s de la resistencia del oro este trimestre"},"content":{"rendered":"<p>El oro ha aguantado bien este trimestre. Se citan sobre todo tres factores: las compras de los bancos centrales, la trayectoria de los tipos de inter\u00e9s reales y la demanda de activos percibidos como refugio en periodos de incertidumbre.<\/p>\n<h2>Demanda de los bancos centrales<\/h2>\n<p>Los datos oficiales de reservas muestran compras continuadas de varios bancos centrales, una demanda que suele ser menos sensible a los movimientos de precio a corto plazo.<\/p>\n<h2>Tipos reales<\/h2>\n<p>Como el oro no paga intereses, unos rendimientos ajustados por inflaci\u00f3n m\u00e1s bajos reducen el coste de mantenerlo. Una nueva subida de los tipos reales eliminar\u00eda parte de ese apoyo.<\/p>\n<h2>Riesgos<\/h2>\n<p>Cada uno de estos factores puede revertirse. El precio del oro ha sufrido ca\u00eddas bruscas en el pasado, y comentar los factores pasados no predice el comportamiento futuro.<\/p>","protected":false},"excerpt":{"rendered":"<p>Compras de los bancos centrales, din\u00e1mica de los tipos reales y demanda de refugio, analizadas con los datos m\u00e1s recientes.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-100","post","type-post","status-publish","format-standard","hentry","category-analysis"],"_links":{"self":[{"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/posts\/100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/comments?post=100"}],"version-history":[{"count":0,"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/posts\/100\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/media?parent=100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/categories?post=100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketreviewdaily.com\/es\/wp-json\/wp\/v2\/tags?post=100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}