{"id":128242,"date":"2019-07-20T02:00:02","date_gmt":"2019-07-20T02:00:02","guid":{"rendered":"https:\/\/www.bnreport.com\/gold-hits-six-year-high-as-investors-run-for-safety\/"},"modified":"2019-07-20T02:00:02","modified_gmt":"2019-07-20T02:00:02","slug":"gold-hits-six-year-high-as-investors-run-for-safety","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/","title":{"rendered":"Gold hits six-year high as investors run for safety"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.cityam.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674.jpg\"\/><\/p>\n<p>Gold hit a six-year high today as impending central bank rate cuts and fears about the world economy sends investors running towards \u201csafe-haven\u201d assets.<\/p>\n<p><strong>Read more: <\/strong><a href=\"https:\/\/www.cityam.com\/stocks-rally-amid-growing-expectations-of-fed-interest-rate-cut\/\" rel=\"noreferrer noopener\" target=\"_blank\">Stocks rally as hopes grow of Fed interest rate cut<\/a><\/p>\n<p>Bullion rose above $1,450 (\u00a31,160) per ounce today, its highest price since mid-2013. Gold has climbed over six per cent in the last month and over 12 per cent in the last year.<\/p>\n<p>However, gold slipped back this morning to stand at around $1,440 by 1pm UK time.<\/p>\n<p>One major factor has been hints from the US Federal Reserve that it will slash interest rates, which the markets think it is near-certain to do this month.<\/p>\n<p>Lower interest rates are likely to cause inflation as borrowing and spending increase, while investment in the US and in dollar-backed assets become less attractive, sending investors elsewhere.<\/p>\n<p>John Williams, vice chairman of the Feds rate-setting committee, laid out the case for rate cuts yesterday, saying: \u201cIts better to take preventative measures than to wait for disaster to unfold.\u201d<\/p>\n<p>Another factor has been the recent slowdown afflicting the global economy. Growth in the Eurozone has been anaemic and is slowing in the UK. The US-China tariff wars have seen global trade suffer.<\/p>\n<p>In these circumstances investors have sold shares and moved towards less volatile assets such as gold and government bonds.<\/p>\n<p>Konstantinos Anthis, head of research at financial services firm ADSS, said: \u201cObviously the yellow metal is benefiting from the decline in the greenbacks val<a href=\"https:\/\/www.cityam.com\/gold-hits-six-year-high-as-jittery-investors-run-for-safety\/\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold hit a six-year high today as impending central bank rat..<\/p>\n","protected":false},"author":1,"featured_media":128243,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-128242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gold hits six-year high as investors run for safety - Business News Report<\/title>\n<meta name=\"description\" content=\"Gold hit a six-year high today as impending central bank rat..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold hits six-year high as investors run for safety - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Gold hit a six-year high today as impending central bank rat..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-20T02:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674-360x160.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"360\" \/>\n\t<meta property=\"og:image:height\" content=\"160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\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:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Gold hits six-year high as investors run for safety\",\"datePublished\":\"2019-07-20T02:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/\"},\"wordCount\":254,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-92858674-360x160.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/\",\"name\":\"Gold hits six-year high as investors run for safety - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-92858674-360x160.jpg\",\"datePublished\":\"2019-07-20T02:00:02+00:00\",\"description\":\"Gold hit a six-year high today as impending central bank rat..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-92858674-360x160.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/GettyImages-92858674-360x160.jpg\",\"width\":360,\"height\":160},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/gold-hits-six-year-high-as-investors-run-for-safety\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold hits six-year high as investors run for safety\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold hits six-year high as investors run for safety - Business News Report","description":"Gold hit a six-year high today as impending central bank rat..","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:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/","og_locale":"en_US","og_type":"article","og_title":"Gold hits six-year high as investors run for safety - Business News Report","og_description":"Gold hit a six-year high today as impending central bank rat..","og_url":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2019-07-20T02:00:02+00:00","og_image":[{"width":360,"height":160,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674-360x160.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Gold hits six-year high as investors run for safety","datePublished":"2019-07-20T02:00:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/"},"wordCount":254,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674-360x160.jpg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/","url":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/","name":"Gold hits six-year high as investors run for safety - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674-360x160.jpg","datePublished":"2019-07-20T02:00:02+00:00","description":"Gold hit a six-year high today as impending central bank rat..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674-360x160.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/GettyImages-92858674-360x160.jpg","width":360,"height":160},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/gold-hits-six-year-high-as-investors-run-for-safety\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Gold hits six-year high as investors run for safety"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/128242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=128242"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/128242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/128243"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=128242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=128242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=128242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}