Gold futures snapped a four-day losing streak and settled slightly up on Friday, as the dollar shed ground against most of its major counterparts, and Treasury yields dropped amid slightly easing worries about inflation.
The dollar index dropped to 103.95 around mid morning before regaining some lost ground. It was last seen hovering around 105.25, down nearly 0.2% from the previous close.
The rate hike repricing sent 10-year Treasury yields to two-week lows.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.