Extending the rebound seen in the previous session, the price of gold saw further upside over the course of the trading day on Tuesday.After rising $7.80 or 0.9 percent to $1,824.90 an ounce on Monday, gold for April delivery climbed $11.80 or 0.7 percent to $1,836.70 an ounce.With the increase on the day, the price of gold continued to regain ground after hitting its lowest closing level in two m...
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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.