{"id":113776,"date":"2024-04-08T00:00:00","date_gmt":"2024-04-08T00:00:00","guid":{"rendered":"http:\/\/jordannewsgazette.com\/?guid=d1dd62965cca91f3c9d53b21b4f09318"},"modified":"2024-04-08T00:00:00","modified_gmt":"2024-04-08T00:00:00","slug":"gold-prices-extend-record-rally","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/gold-prices-extend-record-rally\/","title":{"rendered":"Gold Prices Extend Record Rally"},"content":{"rendered":"
\nLondon, Gold prices extended their record rally on Monday, supported by speculative buying and continued tensions in the Middle East, which overshadowed strong US job growth in March.<\/p>\n
Spot gold was up 0.3% at $2,335.73 per ounce, after hitting a record high of $2,353.79 earlier in the session.<\/p>\n
US gold futures gained 0.4% to $2,354.50.<\/p>\n
Strong central bank buying, safe-haven inflows amid elevated geopolitical risks, and demand from momentum-following funds have fueled bullion’s 12% gain so far this year.<\/p>\n
US job growth blew past expectations in March, suggesting the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year.<\/p>\n
Spot silver was up 1.1% to $27.77 per ounce, platinum edged 0.1% higher at $927.78, and palladium gained 0.2% at $1,001.76.<\/p>\n
Source: Qatar News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
London, Gold prices extended their record rally on Monday, supported by speculative buying and continued tensions in the Middle East, which overshadowed strong US job growth in March.<\/p>\n
Spot gold was up 0.3% at $2,335.73 per ounce, after hitting a reco…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"yoast_head":"\n