Gold prices traded lower on Wednesday, extending losses from the previous session as investors fretted about oil-driven inflation and the potential impact on interest rates. Spot gold dipped 0.4 percent to $4,490.29 an ounce amid renewed U.S.-Iran tensions near the Strait of Hormuz. U.S. gold futures for August delivery were down 0.3 percent at $4,522.70.Iran has accused the United States of breac...
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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.