Gold prices have surged on Monday following yesterday's comments by U.S. President Donald Trump claiming that the ongoing Middle East war would end "very soon."
Front Month Comex Gold for April delivery has leapt by $133.0 (or 2.61%) to $5,236.70 per troy ounce.
Front Month Comex Silver for April delivery has skyrocketed by $5.515 (or 6.55%) to $89.745 per troy ounce.
The Middle East war entered day number 11 today.
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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.