Gold prices hit a three-week high on Wednesday as the dollar weakened significantly against major currencies following U.S. President Donald Trump's ceasefire move.Spot gold traded nearly 2 percent higher at $4,798.25 an ounce, after hitting a high of $4,856 earlier. U.S. gold futures for June delivery were up more than 3 percent at $4,825.92.Brent crude prices slumped 14 percent toward $90 a barr...
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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.