Gold prices were sharply lower on Thursday after the U.S. conducted fresh self-defense strikes in southern Iran and Tehran also targeted strikes on a U.S. air base, driving up global oil prices and reviving inflation concerns. Spot gold tumbled 1.4 percent to $4,395.53 an ounce while U.S. gold futures for August delivery were down 1.3 percent at $4,424.75.Treasury yields edged higher, the dollar f...
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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.