{"id":39144,"date":"2020-12-29T11:57:16","date_gmt":"2020-12-29T07:57:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39144"},"modified":"2020-12-29T11:57:18","modified_gmt":"2020-12-29T07:57:18","slug":"gold-rises-as-us-dollar-weaken-ahead-of-the-us-senate-vote-on-stimulus","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-as-us-dollar-weaken-ahead-of-the-us-senate-vote-on-stimulus\/12\/29\/market-updates\/","title":{"rendered":"Gold rises as US Dollar Weaken Ahead of the US Senate Vote on Stimulus"},"content":{"rendered":"\n<p>Gold prices rose on Tuesday, December 29th, buoyed by the dollar&#8217;s decline, as investors&#8217; eyes turned to the US Senate vote on an increase in aid linked to the pandemic, but rising Asian stocks limited the gains.<\/p>\n\n\n\n<p>This rose gold in immediate transactions 0.4% to 1877.66 dollars an ounce. The metal rose 1.3% on Monday after approving an aid package in the United States of nearly $ 900 billion. There was little change in the US gold futures contract, to $ 1880.90.<\/p>\n\n\n\n<p>The dollar fell 0.2% against competing currencies, while Asian stocks rose, as Japan\u2019s shares reached a 30-year high, supported by optimism, ahead of the US Senate vote today on payments related to Covid-19 worth $ 2000.<\/p>\n\n\n\n<p>Gold, which is considered a hedge against inflation, has gained more than 23% this year, which is largely due to a set of stimulus measures adopted to mitigate the impact of the pandemic.<\/p>\n\n\n\n<p>Silver fell 0.3% to $26.07 an ounce. Platinum rose 0.5% to $1,036.60 and palladium rose 1.6% to $2,361.68.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Tuesday, December 29th, buoyed by the dollar&#8217;s decline, as investors&#8217; eyes turned to the US Senate vote on an increase in aid linked to the pandemic, but rising Asian stocks limited the gains. This rose gold in immediate transactions 0.4% to 1877.66 dollars an ounce. The metal rose 1.3% on Monday &hellip;<\/p>\n","protected":false},"author":9,"featured_media":39127,"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-39144","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\/39144","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=39144"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39144\/revisions"}],"predecessor-version":[{"id":39145,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39144\/revisions\/39145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/39127"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}