Gold futures settled higher on Thursday, extending gains from the previous session, as a sell-off in global stock markets prompted investors to rush for the safe-haven of the yellow metal.A sharp 75-basis point rate hike by the Federal Reserve, and rate increases by the Bank of England and the Swiss National Bank have triggered fears of a possible recession in the foreseeable future.The dollar's 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.