Gold prices moved higher on Tuesday, extending gains to a fourth straight session, and lifted the most active gold futures contract to a one-month closing high.Gold prices climbed on safe-haven buying after data showed U.S. inflation moved above 8% in March, the highest level in 40 years.The dollar's recovery after fall from higher levels somewhat limited gold's uptick. The dollar index, which dro...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.