Following the modest pullback seen during last Thursday's session, the price of gold showed a substantial move back to the upside during trading on Monday.Gold for April delivery skyrocketed $97.50 or 3.0 percent to a new record closing high of $3,406.20 an ounce after dipping $17.90 or 0.5 percent to $3,308.70 an ounce in the previous session.The spike by the price of the precious metal partly re...
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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.