Gold prices held steady near a three-week low on Tuesday while the dollar hovered near 2-week highs against its peers amid mounting concerns of a global economic slowdown.
Spot gold inched up 0.22 percent to $1,284.07 per ounce, after hitting its lowest level since Dec. 28 at $1,276.31 on Monday. U.S. gold futures were marginally higher at $1,283.25 per ounce.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.