Gold flat; set for weekly gain on hopes of less hawkish Fed stance | Economic Times

Gold flat; set for weekly gain on hopes of less hawkish Fed stance https://ift.tt/Rr3N20D European Central Bank raised interest rates by 75 basis points on Thursday and put the reduction of its bloated balance sheet on the agenda, but said "substantial" progress had already been made in its bid to fight off a historic surge in inflation.