Gold prices edged lower on Wednesday and the dollar traded firm as hawkish comments from Federal Reserve officials bolstered the chance of a 25-bps rate hike at the June FOMC meeting. The dollar has also benefited from uncertainty over U.S. debt ceiling negotiations. Spot gold eased 0.2 percent to $1,985.76 per ounce, while U.S. gold futures were down 0.2 percent at $1,989.15.Cleveland Fed Presid...
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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.