Gold futures settled notably higher on Wednesday as the dollar shed ground and bond yields dropped.
Gold prices climbed higher as data showing contraction in business activity in most of the major economies across the globe triggered safe-haven buying.
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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.