Macro DriversMarket AnalysisGold set for worst week in nearly two months as rate hike bets strengthen dollar Last updated: May 16, 2026 3:43 am Share 0 Min Read SHARE Gold set for worst week in nearly two months as rate hike bets strengthen dollar Source link You Might Also Like Indian Rupee extends recovery as US-Iran deal optimism builds pressure on oil price Spot gold at session highs after Consumer Sentiment ticks up to 49.8 Another Round of TACO’s for Everyone Bank of America stands firm on 12-month $6,000 gold target Gold extends the losses as Fed rate hike risks increase amid prolonged US-Iran stalemate Sign Up For Daily NewsletterBe keep up! Get the latest breaking news delivered straight to your inbox.[mc4wp_form]By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time. Share This Article Facebook LinkedIn Reddit Copy Link Share Previous Article Forecasting the upcoming week: Markets shift focus to PMIs and central bank events Next Article Asian FX: Dollar strength caps RMB-led optimism – OCBC Latest News USD/JPY: Second Consecutive Week Closes Higher Trading Ideas May 22, 2026 Sunset Market Commentary – ActionForex Macro Drivers Market Analysis May 22, 2026 Energy firms boost rig count for fifth straight week May 22, 2026 USDCAD stretches above the 200 day MA. Best Strategy Updates May 22, 2026