Gold futures settled lower on Tuesday, weighed down by a stronger dollar and higher Treasury yields, amid expectations the Federal Reserve will start tightening its monetary policy to rein in inflation.
Remarks by Federal Reserve Governor Lael Brainard at a Minneapolis Fed conference that the central bank would start reducing its balance sheet at a "rapid pace" as soon as the May meeting, pushed up the dollar and dimmed the demand for the safe-haven yellow metal.
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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.