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Add olive oil to Instant Pot and select Sauté setting
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Sauté diced onion and minced garlic until ingredients start to brown (about 2-3 minutes)
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Add chicken broth, rice, golden raisins, and spices to Instant Pot
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Place lid on, and make sure indicator is set to Sealing
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Set for 10 minutes on HIGH using the Manual setting
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Once pressure has built up and the 10 minutes is complete, let pressure come down naturally for 10 minutes
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Let steam out by turning the indicator to Venting and open lid
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Add butter and fluff rice with a fork