Gold reversed earlier losses to trade above $4,500 an ounce on Monday amid mixed signals from Iran and the United States on the status of peace talks. Spot gold was up 0.8 percent at $4,531 an ounce while U.S. gold futures for June delivery traded up 0.8 percent at $4,560.The dollar was near a 10-month high and headed for its biggest monthly gain since last July as rising energy risks amid escalat...
For comments and feedback contact: editorial@rttnews.com
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.