Gold futures settled higher on Friday, rebounding from recent losses, despite the latest round of interest rate hikes by some central banks and hawkish comments from several Fed officials.
Gold prices edged higher on the previous metal's safe-haven appeal, as riskier assets such as stocks drifted lower amid worries about inflation and an economic slowdown.
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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.