Gold futures settled lower on Friday as fairly strong stock markets and a steady dollar amid continued optimism about economic recovery dimmed the demand for the safe-haven commodity. The dollar index advanced to 90.15 about an hour past noon, and despite paring some gains subsequently, remained firm at 90.05 a little while ago, gaining nearly 0.3%.Gold futures for June ended lower by $5.20 or abo...
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Market Analysis
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.