{"id":81435,"date":"2023-03-14T11:33:06","date_gmt":"2023-03-14T07:33:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=81435"},"modified":"2023-03-14T12:31:14","modified_gmt":"2023-03-14T08:31:14","slug":"gold-is-settling-above-1900-amid-hopes-that-interest-rate-hikes-will-stop-after-the-collapse-of-silicon-valley","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-is-settling-above-1900-amid-hopes-that-interest-rate-hikes-will-stop-after-the-collapse-of-silicon-valley\/03\/14\/market-updates\/","title":{"rendered":"Gold is settling above $1,900, amid hopes that interest rate hikes will stop after collapse of SVB"},"content":{"rendered":"\n<p>Gold prices stabilized above the important $1900 level on Tuesday, amid expectations of a slowdown in the pace of the Federal Reserve raising interest rates after the collapse of two major regional banks in the United States, which increased the attractiveness of the non-yielding metal.<\/p>\n\n\n\n<p>And gold settled in instant transactions at $ 1913.54 an ounce by 0053 GMT. There was little change in US gold futures at $1916.20 an ounce.<\/p>\n\n\n\n<p>Gold prices jumped more than 2 percent on Monday, hitting their highest level since February 3, at $1,914.58, despite efforts by US officials to limit the fallout from the collapse of Silicon Valley and restore investor confidence in the banking system. Regulators shut down New York-based Signature Bank on Sunday.<\/p>\n\n\n\n<p>Silver in the spot market rose 0.1 percent to $21.83 an ounce, while platinum fell 0.1 percent to $995.21, and palladium was unchanged at $1473.33.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices stabilized above the important $1900 level on Tuesday, amid expectations of a slowdown in the pace of the Federal Reserve raising interest rates after the collapse of two major regional banks in the United States, which increased the attractiveness of the non-yielding metal. And gold settled in instant transactions at $ 1913.54 an &hellip;<\/p>\n","protected":false},"author":9,"featured_media":81236,"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":[6885,7603,8143,6871],"class_list":["post-81435","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-fed","tag-gold-prices","tag-interest-rate-hikes","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81435","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=81435"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81435\/revisions"}],"predecessor-version":[{"id":81439,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81435\/revisions\/81439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/81236"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=81435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=81435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=81435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}