Gold prices have soared on Friday amid rising optimism about an end to the Middle East war with the chances of reopening of the Strait of Hormuz and resumption of oil and energy trade growing stronger.Front Month Comex Gold for August month delivery has jumped sharply by $61.1 (or 1.35%) to $4,593.50 per troy ounce.Front Month Comex Silver for August month delivery has surged by $0.850 (or 1.12%) ...
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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.