{"id":38347,"date":"2020-12-09T12:41:14","date_gmt":"2020-12-09T08:41:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=38347"},"modified":"2020-12-09T12:41:17","modified_gmt":"2020-12-09T08:41:17","slug":"gold-dropping-from-a-two-week-high-as-stocks-rise-on-vaccine","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-dropping-from-a-two-week-high-as-stocks-rise-on-vaccine\/12\/09\/market-updates\/","title":{"rendered":"Gold Dropping From a Two-Week High as Stocks Rise on Vaccine"},"content":{"rendered":"\n<p>Gold prices retreated from a two-week peak on Wednesday, December 9, as encouraging developments for the Coronavirus vaccine prompted investors to buy high-risk stocks as global stocks rose to record levels.<\/p>\n\n\n\n<p>Gold fell in the spot market 0.7% to $ 1858.80 an ounce, after hitting the highest level since November 23 at $ 1875.07 on Tuesday, while gold in futures contracts in the United States lost 0.6% to $ 1864.<\/p>\n\n\n\n<p>Global stocks rose today, Wednesday, after Britain began a campaign to vaccinate its citizens against the virus, while Johnson &amp; Johnson announced that it would reach the results of advanced tests of the vaccine earlier than expected.<\/p>\n\n\n\n<p>Investors are also looking to the US Federal Reserve&#8217;s policy meeting scheduled for two days next week for indications on the direction monetary policy is likely to take.<\/p>\n\n\n\n<p>Regarding the other precious metals, silver fell 1.1% to $ 24.28, while platinum rose 0.4% to $ 1026.36, and palladium lost 0.1% to $ 2,307.09.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices retreated from a two-week peak on Wednesday, December 9, as encouraging developments for the Coronavirus vaccine prompted investors to buy high-risk stocks as global stocks rose to record levels. Gold fell in the spot market 0.7% to $ 1858.80 an ounce, after hitting the highest level since November 23 at $ 1875.07 on &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6874],"class_list":["post-38347","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=38347"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38347\/revisions"}],"predecessor-version":[{"id":38348,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38347\/revisions\/38348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32631"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=38347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=38347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=38347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}