Offsetting the gains from yesterday, gold prices have edged lower on Thursday as the U.S. and Iran fail to reach a peace deal to end their war while the Presidents of U.S. and China meet to enhance trade and tech ties.Front Month Comex Gold for June month delivery has inched lower by $18.20 (or 0.39%) to $4,688.50 per troy ounce.Front Month Comex Silver for June month delivery has plunged by $4.02...
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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.