{"id":9891,"date":"2009-02-17T00:00:00","date_gmt":"2009-02-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"gold-creeps-up-as-investors-seek-safe-haven","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/gold-creeps-up-as-investors-seek-safe-haven.html","title":{"rendered":"Gold creeps up as investors seek safe haven"},"content":{"rendered":"<p>The Age &#8211; Gold prices climbed on Tuesday, as the yellow metal continued to attract investors hunting a safe haven against the biting economic stormwinds, following a rise of more than 3% last week.<\/p>\n<p>Spot gold was trading at $946.70 per ounce in Asian trade, up from European levels of $US942.70 yesterday. US markets were closed on Monday for the Presidents&#8217; Day holiday.<\/p>\n<p>&quot;With the US on holiday, investors are mostly sidelined,&#8221; said Koji Suzuki, a senior analyst at SBI Futures.<br \/>&nbsp;<br \/>Traders have pointed to the record high holdings of the world&#8217;s largest gold-backed exchange-traded fund, the SPDR Gold Trust, as evidence of strong investor interest in the precious metal.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/business.theage.com.au\/business\/gold-creeps-up-as-investors-seek-safe-haven-20090216-88d0.html\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Age &#8211; Gold prices climbed on Tuesday, as the yellow metal continued to attract investors hunting a safe haven against the biting economic stormwinds, following a rise of more than 3% last week. Spot gold was trading at $946.70 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7594,7381,7595,6351,3239,4504,7591,351,2252,7592,4276,4895,7593,5199],"class_list":["post-9891","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asian-trade","tag-exchange-traded-fund","tag-futures","tag-gold-prices","tag-investor-interest","tag-investors","tag-koji-suzuki","tag-ounce","tag-precious-metal","tag-presidents-day","tag-safe-haven","tag-senior-analyst","tag-spot-gold","tag-suzuki"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9891"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9891\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}