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 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.