Gold prices drifted lower on Monday as the dollar climbed up ahead of some crucial economic data, including inflation reports from the U.S., Europe and China, among others.The dollar hit a multi-month high against major counterparts following hawkish comments on interest rates from the Federal Reserve and other central banks.The dollar index surged to 106.10 and despite paring some gains subsequen...
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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.