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Gold Futures Settle Lower For 4th Straight Day, But Gains 3% For The Month

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us
rttnewslogo20mar2024

Gold prices edged lower on Friday, extending losses to a fourth straight session, as the dollar firmed up against other major currencies and yields on bonds rose.The dollar index rose to 91.31, gaining more than 0.8%.Gold futures for June ended lower by $0.60 or 0.03% at $1,767.70 an ounce. Gold futures gained about 3% for the month.Silver futures for July ended down $0.212 at $25.873 an ounce, wh...

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Market Analysis

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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