Gold prices climbed higher on Friday as the dollar drifted lower, extending recent losses, with traders shifting their focus to the Federal Reserve's meeting next week.The Fed is expected to hike rates by a smaller 25 basis points rather than a 50-basis point rate hike expected earlier.The dollar index dropped to 103.84, losing more than 0.5%.Gold futures for April ended higher by $50.50 at $1,973...
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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.