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Gold Dips Toward $4,500 As Iran Reviews US Proposal To End War

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Gold dipped toward $4,500 an ounce on Thursday, weighed down by a firm dollar and higher Treasury yields. Spot gold slipped 0.3 percent to $4,531.74 an ounce while U.S. gold futures were down half a percent at $4,533.75.Traders monitored peace talks between the United States and Iran after U.S. President Donald Trump said the talks with Iran are on the "borderline" between a deal and renewed strik...

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Market Analysis

Global Economics Weekly Update: May 11 – May 15, 2026

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.

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