Gold futures settled lower on Friday, but still posted gains for the month as well as the January-March quarter.
A firm dollar and rising equities weighed on the yellow metal. The dollar index climbed to 102.51, gaining nearly 0.4%.
Easing worries about a banking crisis, and data showing an unexpected slowdown in the annual rate of core consumer price growth in the U.S. lifted equities.
Gold futures for June ended lower by $11.50 or about 0.6% at $1,986.20 an ounce.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.