Extending the losses from the two previous sessions, gold prices have moved lower on Friday as attacks in the gulf region intensify, stoking broader inflationary concerns, with expectations of a rate cut by the U.S. Federal Reserve in the short-term fading completely.
Front Month Comex Gold for April delivery has slid by $30.10 (or 0.65%) to $4,575.60 per troy ounce.
Front Month Comex Silver for April delivery has plunged by $1.489 (or 2.10%) to $69.485 per troy ounce.
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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.