{"id":634,"date":"2024-11-27T00:00:22","date_gmt":"2024-11-27T00:00:22","guid":{"rendered":"https:\/\/www.talupa.com\/news\/financial-news\/gold-market-shaken-by-israel-hezbollah-ceasefire-and-new-us-treasury-pick\/"},"modified":"2024-11-27T00:00:22","modified_gmt":"2024-11-27T00:00:22","slug":"gold-market-shaken-by-israel-hezbollah-ceasefire-and-new-us-treasury-pick","status":"publish","type":"post","link":"https:\/\/www.talupa.com\/news\/financial-news\/gold-market-shaken-by-israel-hezbollah-ceasefire-and-new-us-treasury-pick\/","title":{"rendered":"Gold Market Shaken by Israel-Hezbollah Ceasefire and New US Treasury Pick"},"content":{"rendered":"<p><em>Gold prices experienced a significant drop, tumbling over 3%, on reports of a ceasefire agreement between Israel and Hezbollah. This along with the recent selection of a new US Treasury pick has added to the volatility of the market.<\/em><\/p><p><em>Investors typically view gold as a safe haven asset in times of political or economic uncertainty. However, the recent announcements have led to a reduction in these uncertainties, resulting in the substantial drop in gold prices. This news comes from a report on Reuters.<\/em><\/p><p><em>The ceasefire agreement between Israel and Hezbollah has brought a halt to one of the major sources of tension in the Middle East, while the new US Treasury pick is expected to maintain a steady course for the US economy. Both of these factors have played a big role in the latest shift in gold prices.<\/em> ** \n<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMipAFBVV95cUxOQ0l6NFZYdnhqQzdVWmZSYVQzUFprcFYydzRWTVh5X29TdkxWdTFMQ29QWm5RTzFWUFNqdThYZXJuU0VnZU5hOE41T0gzcWMzVkxxTnBjelh6emJMLWl1MTBJV2l1Sm14S21fQnFEa2R5RHlxa25pblRRdmd0VTQ5UHQ0bTBfM3Q2TGhCellnZHZKMmcxaF9XOFhRdXdJVmx5N2t6VA?oc=5\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Gold prices experienced a significant drop, tumbling over 3%, on reports of a ceasefire agreement between Israel and Hezbollah. This along with the recent selection of a new US Treasury pick has added to the volatility of the market. Investors typically view gold as a safe haven asset in times of political or economic uncertainty. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[10],"class_list":["post-634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-financial-news"],"_links":{"self":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts\/634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/comments?post=634"}],"version-history":[{"count":1,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts\/634\/revisions"}],"predecessor-version":[{"id":635,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts\/634\/revisions\/635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/media\/636"}],"wp:attachment":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/media?parent=634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/categories?post=634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/tags?post=634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}