{"id":524,"date":"2024-03-29T08:13:31","date_gmt":"2024-03-29T08:13:31","guid":{"rendered":"https:\/\/themeholy.com\/wordpress\/konsal\/?p=524"},"modified":"2024-03-29T08:14:33","modified_gmt":"2024-03-29T08:14:33","slug":"elevate-your-business-to-new-heights","status":"publish","type":"post","link":"https:\/\/worldofforex.uk\/?p=524","title":{"rendered":"Gold Hovers All-Time Highs"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"524\" class=\"elementor elementor-524\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e5f7075 e-flex e-con-boxed e-con e-parent\" data-id=\"5e5f7075\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-728a7308 elementor-widget elementor-widget-text-editor\" data-id=\"728a7308\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"\">Gold held above $2,230 an ounce in holiday-thinned trade on Friday, hovering at all-time highs amid bets that major central banks would shift to interest rate cuts this year, while heightened geopolitical tensions boosted safe-haven demand for bullion.<\/p>\n<p class=\"\">The metal is also on track to advance more than 9% for March.<\/p>\n<p class=\"\">During its last policy meeting, the US Federal Reserve maintained its outlook for three rate cuts this year despite a run of hot inflation data.<\/p>\n<p class=\"\">Markets are betting that the Fed would start rate reductions in June.<\/p>\n<p class=\"\">In Europe, the Swiss National Bank delivered a surprise rate cut at its March meeting, prompting speculation that other major central banks will follow suit.<\/p>\n<p class=\"\">Meanwhile, the Bank of Japan ended its policy of negative rates, but is expected to maintain an accommodative stance for some time.<\/p>\n<p class=\"\">Elsewhere, investors continued to hedge against geopolitical instability in Eastern Europe and the Middle East with gold.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Gold held above $2,230 an ounce in holiday-thinned trade on Friday, hovering at all-time highs amid bets that major central banks would shift to interest rate cuts this year, while heightened geopolitical tensions boosted safe-haven demand for bullion. The metal is also on track to advance more than 9% for March. During its last policy&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[54,55,52],"class_list":["post-524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xauusd","tag-forex-trading","tag-gold-trading","tag-xauusd","th-blog blog-single"],"_links":{"self":[{"href":"https:\/\/worldofforex.uk\/index.php?rest_route=\/wp\/v2\/posts\/524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldofforex.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldofforex.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldofforex.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/worldofforex.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=524"}],"version-history":[{"count":0,"href":"https:\/\/worldofforex.uk\/index.php?rest_route=\/wp\/v2\/posts\/524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldofforex.uk\/index.php?rest_route=\/wp\/v2\/media\/1719"}],"wp:attachment":[{"href":"https:\/\/worldofforex.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldofforex.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldofforex.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}