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Gold Futures Settle Modestly Lower As Stocks Rally On Soft Inflation Data

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

Gold futures settled lower on Thursday as soft U.S. inflation data helped ease concerns about policy tightening by the Federal Reserve and prompted investors to seek riskier assets such as equities.However, a subdued dollar helped limit gold's downside. The dollar index, which dropped to 104.65, recovered to around 105.10 later on in the session, limiting its loss to 0.1%.The dollar stayed weak am...

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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