The gold market was largely unchanged following the release of the Federal Reserve’s May meeting minutes, which showed central bank officials split on whether more rate hikes were needed. Fed officials said they would be data-dependent going forward. "Participants generally expressed uncertainty about how much more policy tightening may be appropriate," the minutes from May 2-3 meeting stated. "Many participants focused on the need to retain optionality after this meeting." According to the minutes, "some" participants saw inflation decelerating as "unacceptably slow," which could warrant more rate hikes. At the ... (full story)