Despite disappointing economic data and weak stock markets, gold futures settled lower on Tuesday, giving back ground after recent gains, as the dollar firmed against most of its major rivals.
The dollar index climbed to 93.17, gaining about 0.6% over Monday's close, amid geopolitical concerns and continued spikes in coronavirus cases in several countries.
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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.