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Gold Edges Higher As Dollar Pulls Back Ahead Of Powell's Speech

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

Gold prices were a tad higher on Friday after falling for three straight sessions. Spot gold rose half a percent to $1,967.13 per ounce but was on track for a weekly loss on U.S. debt deal optimism. U.S. gold futures were up half a percent at $1,969.45.The dollar index pulled back a little, making bullion more affordable for holders of other currencies.Following a meeting earlier in the week, U.S....

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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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