{"id":55782,"date":"2021-11-29T13:19:41","date_gmt":"2021-11-29T09:19:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=55782"},"modified":"2021-11-29T13:19:44","modified_gmt":"2021-11-29T09:19:44","slug":"gold-rises-as-fears-of-omicron-boost-its-allure","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rises-as-fears-of-omicron-boost-its-allure\/11\/29\/market-updates\/","title":{"rendered":"Gold Rises as Fears of Omicron Boost Its Allure"},"content":{"rendered":"\n<p>Gold prices rose on Monday after concerns about the impact of the potentially vaccine-resistant Omicron strain of coronavirus boosted gold&#8217;s safe-haven appeal.<\/p>\n\n\n\n<p>Spot gold rose 0.1 percent to $1,793.72 an ounce.<\/p>\n\n\n\n<p>US gold futures rose 0.4 percent to settle at $1,793.2.<\/p>\n\n\n\n<p>Actual demand for gold in major Asian hubs increased last week, helped by lower prices, as traders in India prepared for a possible surge in buying with the increasing pace of the wedding season.<\/p>\n\n\n\n<p>As for other precious metals, silver rose in spot transactions 1.1 percent to $23.38 an ounce.<\/p>\n\n\n\n<p>Platinum rose 2.3 percent to $976.01 and palladium rose 2.7 percent to $1,794.69.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rose on Monday after concerns about the impact of the potentially vaccine-resistant Omicron strain of coronavirus boosted gold&#8217;s safe-haven appeal. Spot gold rose 0.1 percent to $1,793.72 an ounce. US gold futures rose 0.4 percent to settle at $1,793.2. Actual demand for gold in major Asian hubs increased last week, helped by lower &hellip;<\/p>\n","protected":false},"author":9,"featured_media":54569,"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":[38,37,36],"tags":[6868,7603,6987,7163,6871],"class_list":["post-55782","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-fomc","tag-gold-prices","tag-inflation","tag-jerome-powell","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55782","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=55782"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55782\/revisions"}],"predecessor-version":[{"id":55783,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55782\/revisions\/55783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54569"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=55782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=55782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=55782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}