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Gold slides $84 to $4,482 as inflation data kills rate-cut hopes
Gold tumbled $84 on Tuesday to $4,482 per troy ounce, extending a brutal stretch for the precious metal that has now shed nearly 4% over the past week as a cascade of bearish macro forces converged to crush investor appetite for the safe-haven asset. The decline marks gold's lowest trading level since late March and deepens a retreat from its all-time high of $5,595.42 set on January 29 of this year. The proximate trigger was hotter-than-expected U.S. inflation data that arrived earlier in the week, sending bond yields sharply higher and prompting investors to abandon any remaining hope for Federal Reserve rate ... (full story)
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- May 19, 2026 10:14pm Posted byFundamental Analysis119
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