Gold prices fell on Tuesday, dropping for a second straight session, and pushed the most active gold futures contracts to a two-week closing low, amid prospects of aggressive policy tightening by the Federal Reserve to combat inflation.
A firm dollar weighed on gold prices. The dollar index, which climbed to 104.61, came off that high subsequently, but still remains firm at 104.51, up 0.55% from the previous close.
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Market Analysis
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.