Gold prices moved in a tight band on Thursday before settling slightly up even as the dollar continued its move up north amid rising prospects of sharper interest rate hikes by the Federal Reserve.Gold prices climbed higher after data showed a surprise contraction in the U.S. economy in the first quarter of 2022.The dollar index spurted to 103.93 before easing to 103.63 on GDP data, but remained s...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.