Gold prices have moved lower on Tuesday after U.S. President Donald Trump rejected Iran's response to a U.S. proposal to end the ongoing gulf war while analysts parsed U.S. inflation data.Front Month Comex Gold for June month delivery has edged lower by $41.80 (or 0.88%) to $4,686.90 per troy ounce.Front Month Comex Silver for June month delivery has inched lower by $0.279 (or 0.33%) to $85.375 pe...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.