{"id":72309,"date":"2023-10-13T15:08:13","date_gmt":"2023-10-13T19:08:13","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/gold-biggest-week-since-march-back-at-1900-after-one-huge-geopolitical-leap\/"},"modified":"2023-10-13T15:08:15","modified_gmt":"2023-10-13T19:08:15","slug":"gold-biggest-week-since-march-back-at-1900-after-one-huge-geopolitical-leap","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=72309","title":{"rendered":"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap"},"content":{"rendered":"
\n

Investing.com – From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap Friday that topped a week of incredible price swings in the yellow metal.<\/p>\n

Gold\u2019s most-active contract on New York\u2019s Comex, December, settled at $1,941.50 per ounce, up $58.50, or 3.1%, on the day. For the week, the benchmark gold futures showed a gain of 5.2%, its most in a week since March.<\/p>\n

The , more closely watched by some traders than futures, was at $1,928.42 by 12:48 ET (16:48 GMT), up $59.55, or 3.2%. Last Friday, the spot price, which reflects real-time trades in bullion, hit an intraday low of $1,810.10 \u2014 less than $10 above $1,700 territory.<\/p>\n

Friday\u2019s move up was the biggest in a day for spot gold since March 17. The rounded-up weekly gain of 5% in the current week was also the largest since March.<\/p>\n

Gold\u2019s latest jump came after the Israeli government late on Thursday warned more than 1 million people in Northern Gaza to evacuate the area as its war with Hamas escalated. Talk was also growing that Israel was preparing for a major land assault on Gaza.<\/p>\n

\u201cGrowing chaos in the Middle Easter continues to fuel safe-haven demand for gold as a 2% rally into the weekend also puts pressure on bears in the marketplace,\u201d Neils Christensen wrote on kitco.com, the website of the bullion trading brand of the same name.<\/p>\n

More startling, the gold rally came as the , or DXY, ticked up for a second day in a row, resuming the greenback\u2019s run-up over the last three months, which was interrupted only by last week\u2019s slide. Gold typically moves in opposite direction to the dollar.<\/p>\n<\/div>\n

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

Investing.com – From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap Friday that topped a week of incredible price swings in the yellow metal. Gold\u2019s most-active contract on New York\u2019s Comex, December, settled at $1,941.50 per ounce, up […]<\/p>\n","protected":false},"author":1,"featured_media":1749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[242],"tags":[83],"class_list":["post-72309","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-commodities","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nGold: Biggest week since March, back at $1,900 after one huge geopolitical leap | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Investing.com - From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=72309\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Investing.com - From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=72309\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-13T19:08:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-13T19:08:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/gold3_800x533_L_1412152987.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=\"News 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=\"News 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:\/\/ifintechworld.com\/?p=72309#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=72309\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap\",\"datePublished\":\"2023-10-13T19:08:13+00:00\",\"dateModified\":\"2023-10-13T19:08:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=72309\"},\"wordCount\":297,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=72309#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=72309\",\"url\":\"https:\/\/ifintechworld.com\/?p=72309\",\"name\":\"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-10-13T19:08:13+00:00\",\"dateModified\":\"2023-10-13T19:08:15+00:00\",\"description\":\"Investing.com - From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=72309#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=72309\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=72309#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap | iFintechWorld","description":"Investing.com - From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap","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:\/\/ifintechworld.com\/?p=72309","og_locale":"en_US","og_type":"article","og_title":"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap | iFintechWorld","og_description":"Investing.com - From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap","og_url":"https:\/\/ifintechworld.com\/?p=72309","og_site_name":"iFintechWorld","article_published_time":"2023-10-13T19:08:13+00:00","article_modified_time":"2023-10-13T19:08:15+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/gold3_800x533_L_1412152987.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=72309#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=72309"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap","datePublished":"2023-10-13T19:08:13+00:00","dateModified":"2023-10-13T19:08:15+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=72309"},"wordCount":297,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Commodities"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=72309#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=72309","url":"https:\/\/ifintechworld.com\/?p=72309","name":"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-10-13T19:08:13+00:00","dateModified":"2023-10-13T19:08:15+00:00","description":"Investing.com - From near the jaws of $1,700 an ounce, gold bulls are back to $1,900 safety, after the Middle East\u2019s latest crisis led to a huge leap","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=72309#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=72309"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=72309#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Gold: Biggest week since March, back at $1,900 after one huge geopolitical leap"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/72309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72309"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/72309\/revisions"}],"predecessor-version":[{"id":72310,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/72309\/revisions\/72310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/1749"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}