Gold futures settled higher on Thursday, gaining for a second straight session after the dollar came off a multi-month high.
Rising concerns about the spread of the dreadful delta variant of the coronavirus infection also prompted investors to seek the safe haven commodity.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.