Gold set for weekly rise; eyes on Fed, Trump's 2025 policies

Quick Summary:

GOLD edged lower in light trading on Friday and was poised for a weekly gain, as investors awaited cues on the U.S.economy to anticipate the Federal Reserve's interest rate path for 2025 and the incoming Donald Trump administration's policies.

All three metals were headed for weekly gains.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIsraelThailandYemen

Topics: Federal Reserve /Business/Business News Commodities Interest rate Donald Trump Gold

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 14:56:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © The Star

News ID: 24687042

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 14 posts per day

Year Established: 1971

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News Last Updated: 13 hours ago

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