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PRECIOUS-Gold holds near 1-month peak on further US rate-cut hopes

The Star LogoThe Star3h ago

PRECIOUS-Gold holds near 1-month peak on further US rate-cut hopes - The Star

Quick Summary:

GOLD prices were steady on Thursday after hitting over one-month highs, as softer U.S.core inflation data lifted expectations that more rate cuts were still on the table, although news of a ceasefire accord between Israel and Hamas capped gains.

A worker displays a one kilogram gold bullion bar at the ABC Refinery in Sydney on August 5, 2020.

Meanwhile, Israel and Hamas reached a ceasefire and hostage agreement, reducing some safety appeal of the metal, Trivedi said.


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PRECIOUS-Gold holds near 1-month peak on further US rate-cut hopes - The Star (Picture 1)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 16:11:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 369 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 25189891

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 22 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

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The story "PRECIOUS-Gold holds near 1-month peak on further US rate-cut hopes" was covered 3 hours ago by The Star, a news publisher based in Malaysia.

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  • News ID: #25189891
  • URL: https://beamstart.com/news/precious-gold-holds-near-1-17370157833470

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