Gold firms on China central bank resuming gold purchases after 6-month pause

Quick Summary:

GOLD prices gained on Monday, with support from top consumer China's central bank resuming gold purchases after a six-month hiatus, while investors awaited U.S.inflation data this week for clues into the Federal Reserve's next move.

Carlo Rino's IPO public offer oversubscribed 18.

Traders are now looking forward to U.S.inflation data on Wednesday.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: /Business/Business News US Commodities PBOC Gold Inflation Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 16:18:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 24266450

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 28 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 46 minutes 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

Frequently Asked Questions