Gold futures settled lower on Thursday as the dollar climbed and Treasury yields rose amid rising expectations the Federal Reserve will remain aggressive with interest rate hikes in the coming months.
The dollar rose to a fresh 20-year high, riding on recent data and hawkish comments from Fed Chair Jerome Powell and other central bank officials.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.