Gold prices climbed on Tuesday on the precious metal's safe-haven appeal amid rising concerns about escalating tensions between Russia and Ukraine.
Weak stock markets and the dollar's decline supported gold prices. The dollar index dropped to a low of 95.84 in the Asian session, but recovered to 96.04 later amid wild swings.
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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.