{"id":338256,"date":"2020-02-20T10:24:36","date_gmt":"2020-02-20T04:54:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338256"},"modified":"2020-02-20T11:03:20","modified_gmt":"2020-02-20T05:33:20","slug":"select-base-metals-energy-rise-on-expectations-of-china-stimulus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/select-base-metals-energy-rise-on-expectations-of-china-stimulus\/","title":{"rendered":"Select base metals, energy rise on expectations of China stimulus"},"content":{"rendered":"<p>Prices of select base metals and energy rose on the back of hopes of a demand revival, on Wednesday, following expectations of further economic stimulus from China. <\/p>\n<p>The\u2008Chinese government infused $250 billion last week to support the economy, which was hit by the coronavirus outbreak. <\/p>\n<p>While crude oil price in international markets surged 1.5 per cent to trade at $58.20 a barrel, silver and gold prices jumped by 1 per cent (to $1,610 per ounce) and 0.5 per cent (to $18.37 per ounce), respectively, in the benchmark London spot market. At the Zaveri Bazaar here, standard gold in physical markets hit all-time high of ~41,400 per 10 grams and silver firmed up at ~47,600 a kg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prices of select base metals and energy rose on the back of hopes of a demand revival, on Wednesday, following expectations of further economic stimulus from China. The\u2008Chinese government infused $250 billion last week to support the economy, which was hit by the coronavirus outbreak. While crude oil price in international markets surged 1.5 per cent to trade at $58.20 a barrel, silver and gold prices jumped by 1 per cent (to $1,610 per ounce) and 0.5 per cent (to $18.37 per ounce), respectively, in the benchmark London spot market. At the Zaveri Bazaar here, standard gold in physical markets [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-338256","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338256"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338256\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}