Gold prices have ticked lower on Monday as a U.S. ultimatum to Iran to strike a deal before time runs out triggered war concerns while reports of Iran submitting a new proposal to the U.S. to end war eased Middle East tensions. The U.S. is yet to officially respond.Front Month Comex Gold for June month delivery has slipped by $3.00 (or 0.07%) to $4,558.90 per troy ounce.Front Month Comex Silver fo...
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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.