Gold prices jumped on Friday with news coming out that the US is reportedly planning to impose tariffs on gold imports in a move suggesting that even safe-haven assets are not immune to the volatility set off by trade war. Front Month Comex Gold for August delivery surged $38.80 (or 1.14%) to $3,439.10 per troy ounce today. Gold has gained $91.40 (or 2.73%) per troy ounce over the week.Front Month...
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.