Gold prices have edged lower on Tuesday amid renewed concerns of inflationary pressure following fresh U.S. military strikes on Iran yesterday while the Strait of Hormuz remains closed for oil and energy transit.Of note, U.S. markets were closed on Monday on account of the Memorial Day holiday.Front Month Comex Gold for June month delivery has inched lower by $18.90 (or 0.42%) to $4,504.30 per tro...
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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.