Gold futures settled higher on Friday, extending gains to a third straight session to reach a one-week high after the dollar weakened and the yields on long-term U.S. bonds dropped.
Worries about a surge in the Delta variant of the coronavirus and travel curbs in several countries also contributed to increased demand for the safe-haven precious metal.
Investors also reacted to the data from the Labor Department that showed a bigger than expected increase in U.S. non-farm payrolls in the month of June.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.