{"id":39331,"date":"2021-01-04T12:52:40","date_gmt":"2021-01-04T08:52:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39331"},"modified":"2021-01-04T13:34:42","modified_gmt":"2021-01-04T09:34:42","slug":"gold-is-at-an-8-week-high-due-to-concerns-about-more-restrictions-from-countries-due-to-coronavirus","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-at-an-8-week-high-due-to-concerns-about-more-restrictions-from-countries-due-to-coronavirus\/01\/04\/market-updates\/","title":{"rendered":"Gold at an 8-Week High Due to Concerns About More Restrictions Due to Coronavirus"},"content":{"rendered":"\n<p>Gold prices began the new year at a high level and rose to a peak of eight weeks Monday, as gold&#8217;s appeal as a safe haven was strengthened by the increase in COVID-19 infections and the possibility of tighter restrictions imposed to contain the pandemic.<\/p>\n\n\n\n<p>And gold rose in the spot market 1.1% to 1919.11 dollars an ounce. Earlier recorded the highest level since the ninth of November at 1925.05 dollars.<\/p>\n\n\n\n<p>And gold futures contracts in the United States rose 1.6% to 1925 dollars.<\/p>\n\n\n\n<p>There were doubts that the global economy would recover quickly after a business sector survey showed that the pace of growth in China&#8217;s industrial sector slowed in December.<\/p>\n\n\n\n<p>The decline in the US dollar makes gold less expensive for holders of other currencies.<\/p>\n\n\n\n<p>As for other precious metals, silver gained 2.2% to $ 26.93 an ounce, platinum rose 1.4% to $ 1083.42, and palladium rose 0.1% to $ 2,451.78.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices began the new year at a high level and rose to a peak of eight weeks Monday, as gold&#8217;s appeal as a safe haven was strengthened by the increase in COVID-19 infections and the possibility of tighter restrictions imposed to contain the pandemic. And gold rose in the spot market 1.1% to 1919.11 &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-39331","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\/39331","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=39331"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39331\/revisions"}],"predecessor-version":[{"id":39335,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39331\/revisions\/39335"}],"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=39331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}