{"id":39206,"date":"2020-12-30T16:01:52","date_gmt":"2020-12-30T12:01:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39206"},"modified":"2020-12-30T16:01:59","modified_gmt":"2020-12-30T12:01:59","slug":"gold-settled-amid-britains-approval-of-a-vaccine-and-dollars-decline","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-settled-amid-britains-approval-of-a-vaccine-and-dollars-decline\/12\/30\/market-updates\/","title":{"rendered":"Gold Settled Amid Britain&#8217;s Approval of a Vaccine And Dollar&#8217;s Decline"},"content":{"rendered":"\n<p>Gold prices settled on Wednesday, December 30, as Britain approved an anti-Covid-19 vaccine, invented by the University of Oxford in cooperation with AstraZeneca, which boosted risk appetite, while the dollar&#8217;s decline limited precious metal losses during weak holiday transactions.<\/p>\n\n\n\n<p>There was little change in spot gold trading, at $ 1878.52 an ounce. US gold futures prices settled at $ 1883 an ounce.<\/p>\n\n\n\n<p>The dollar index hovered near its lowest level in more than two years, as dealers set aside the decision of Mitch McConnell, Republican majority leader in the Senate to postpone a vote to increase aid to mitigate the repercussions of Covid-19 to two thousand dollars.<\/p>\n\n\n\n<p>Gold is seen as a hedge against inflation and a currency depreciating, likely caused by the massive stimulus measures being unveiled to curb the pandemic&#8217;s impact.<\/p>\n\n\n\n<p>As for other precious metals, silver rose 0.3% to $ 26.26 an ounce, platinum&#8217;s profit rose 1% to $ 1060.04 and palladium rose 0.2% to $ 2332.04.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices settled on Wednesday, December 30, as Britain approved an anti-Covid-19 vaccine, invented by the University of Oxford in cooperation with AstraZeneca, which boosted risk appetite, while the dollar&#8217;s decline limited precious metal losses during weak holiday transactions. There was little change in spot gold trading, at $ 1878.52 an ounce. US gold futures &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30914,"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-39206","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\/39206","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=39206"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39206\/revisions"}],"predecessor-version":[{"id":39207,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39206\/revisions\/39207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30914"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}