Gold fell below $4,550 an ounce on Tuesday as Treasury yields edged up and the dollar steadied after a decline in the previous session on expectations that the Federal Reserve will keep interest rates higher for longer.Oil prices eased from two-week highs but remained at elevated levels, weighing on bullion's traditional safe-haven appeal. Spot gold fell 0.6 percent to $4,539.58 an ounce while U.S...
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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.