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Gold Prices Slump As Middle East Tensions Lift Dollar

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

Gold prices drifted below $5,300 an ounce on Tuesday as the dollar held gains on risk-off sentiment in financial markets.Spot gold fell more than 1 percent to $5,266.79 an ounce while U.S. gold futures were down 0.6 percent at $5,279.46.The dollar continued to rally and bond yields ticked higher as inflation and interest-rate concerns dented investors' appetite for riskier assets. As the latest Mi...

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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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