{"id":3908,"date":"2023-10-21T05:08:12","date_gmt":"2023-10-21T05:08:12","guid":{"rendered":"https:\/\/infundpros.com\/markets\/commodities\/gold-revisits-2000-with-new-3-month-high\/"},"modified":"2023-10-21T05:08:12","modified_gmt":"2023-10-21T05:08:12","slug":"gold-revisits-2000-with-new-3-month-high","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=3908","title":{"rendered":"Gold revisits $2,000 with new 3-month high"},"content":{"rendered":"
\n

Investing.com – Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a three-month high, as contagion worries from the Middle East\u2019s latest war and the Federal Reserve\u2019s hesitancy to raise US interest rates anymore sent a horde of investors toward the yellow metal.<\/p>\n

\u201cGold’s safe haven status has been questioned on a number of occasions over recent years but times like this highlight that in times of significant uncertainty, traders look for assets with a track record,\u201d said Craig Erlam, analyst at online trading platform OANDA.<\/p>\n

\u201cOf course, the circumstances are quite favorable for gold as US yields are rapidly rising at the same time, reducing Treasuries’ appeal in the short-term. But the combination of geopolitical and economic uncertainty, both of which could have implications for inflation and interest rates, is increasing gold’s appeal, for now.\u201d<\/p>\n

Gold\u2019s most-active contract on New York\u2019s Comex, December, settled up $13.90, or 0.7%, at $1,994.40 per ounce. After an uninterrupted four-day rally, the benchmark gold futures contract finished the week up $52.90, or 2.7% \u2014 adding to the previous week\u2019s run up of 5.2%.<\/p>\n

The , more closely watched by some traders than futures, was at $1,981.49 by 15:30 ET (19:30 GMT), up $7.08, or 0.4%, after a session high of $1,997.20. The spot price, which reflects real-time trades in bullion, was up 2.4% on the week, adding to the previous week\u2019s gain of 5.4%.<\/p>\n

Gold\u2019s $2,000 charge came after the US and bond yields \u2014 marked by the return on the \u2014 both eased from their highs of this week, allowing the yellow metal to regain its mantle as the preferred safe haven.<\/p>\n

(Ambar Warrick contributed to this item)<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Investing.com – Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually…<\/p>\n","protected":false},"author":1,"featured_media":3909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":{"0":"post-3908","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commodities"},"yoast_head":"\nGold revisits $2,000 with new 3-month high | inFundPros<\/title>\n<meta name=\"description\" content=\"Investing.com - Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=3908\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold revisits $2,000 with new 3-month high | inFundPros\" \/>\n<meta property=\"og:description\" content=\"Investing.com - Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=3908\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-21T05:08:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/LYNXMPEA5M0AC_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=3908#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=3908\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"Gold revisits $2,000 with new 3-month high\",\"datePublished\":\"2023-10-21T05:08:12+00:00\",\"dateModified\":\"2023-10-21T05:08:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=3908\"},\"wordCount\":289,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=3908#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=3908\",\"url\":\"https:\/\/infundpros.com\/?p=3908\",\"name\":\"Gold revisits $2,000 with new 3-month high | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-10-21T05:08:12+00:00\",\"dateModified\":\"2023-10-21T05:08:12+00:00\",\"description\":\"Investing.com - Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=3908#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=3908\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=3908#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold revisits $2,000 with new 3-month high\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold revisits $2,000 with new 3-month high | inFundPros","description":"Investing.com - Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=3908","og_locale":"en_US","og_type":"article","og_title":"Gold revisits $2,000 with new 3-month high | inFundPros","og_description":"Investing.com - Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a","og_url":"https:\/\/infundpros.com\/?p=3908","og_site_name":"inFundPros","article_published_time":"2023-10-21T05:08:12+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/LYNXMPEA5M0AC_L.jpg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=3908#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=3908"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"Gold revisits $2,000 with new 3-month high","datePublished":"2023-10-21T05:08:12+00:00","dateModified":"2023-10-21T05:08:12+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=3908"},"wordCount":289,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Commodities"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=3908#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=3908","url":"https:\/\/infundpros.com\/?p=3908","name":"Gold revisits $2,000 with new 3-month high | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-10-21T05:08:12+00:00","dateModified":"2023-10-21T05:08:12+00:00","description":"Investing.com - Gold retained its shine across the safe haven world on Friday, revisiting $2,000 the first time since August and eventually setting a","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=3908#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=3908"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=3908#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"Gold revisits $2,000 with new 3-month high"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/3908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3908"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/3908\/revisions"}],"predecessor-version":[{"id":3910,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/3908\/revisions\/3910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/3909"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}