Gold prices traded higher on Monday, oil prices tumbled nearly 5 percent and the dollar hovered near a one-week low after U.S. President Donald Trump said on Saturday a peace deal with Iran had been "largely negotiated."Spot gold rose a little over 1 percent to $4,556.54 an ounce while U.S. gold futures for August delivery were up 0.7 percent at $4,590.34.Trump said on Saturday that an agreement w...
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.