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Gold bound for weekly decline on hawkish Fed cues

The Star LogoThe Star2 mo ago

Gold bound for weekly decline on hawkish Fed cues - The Star

Quick Summary:

GOLD prices edged up on Friday on a pullback in the dollar but were still bound for their first weekly decline in three, weighed down by signals from U.S.central bankers that more interest rate hikes were on the way.

All were, however, on course to end the week lower.

"On the other hand, growing optimism towards the Chinese economy, still high risks of the U.S.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-18 @ 11:28:00 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1370 (out of 4682 stories this day)

News Source URL: thestar.com.my

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 1753227

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 11 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Gold bound for weekly decline on hawkish Fed cues" has 325 words across 12 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Gold bound for weekly decline on hawkish Fed cues" was covered 2 months ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 11 news stories per day.

It's most recent story was published 1 days ago.

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  • News ID: #1753227
  • URL: https://beamstart.com/news/gold-bound-for-weekly-decline-16687431209653

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