Gold prices have surged on Wednesday after the announcement of a two-week truce between the U.S. and Iran intended to draw a framework for negotiations.Front Month Comex Gold for June month delivery has soared by $97.1 (or 2.07%) to $4,781.80 per troy ounce.Front Month Comex Silver for June month delivery has catapulted by $3.649 (or 5.05%) to $75.900 per troy ounce.On February 28, U.S. and Israel...
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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.