After moving sharply lower earlier in the day, the price of gold has shown a significant turnaround over the course of the trading session on Thursday.Gold for August delivery has surged $52.50 or 1.2 percent to $4,534 an ounce after tumbling by as much as $85.90 or 1.9 percent to a two-month intraday low of $4,395.60 an ounce.The rebound by gold prices comes as the price of crude oil has pulled b...
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.