Gold prices have ticked higher on Thursday amid conflicting reports of Iran's stance on moving its enriched uranium. While Iran is reviewing a U.S. response to its earlier peace plan, the continuing stalemate over the Strait of Hormuz capped the gains.Front Month Comex Gold for June month delivery has inched higher by $2.80 (or 0.06%) to $4,538.10 per troy ounce.Front Month Comex Silver for June m...
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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.