Gold futures settled higher on Wednesday, gaining for a third straight session, as the dollar drifted lower after data showing a slowdown in U.S. private sector employment growth and a downward revision to second-quarter GDP added to optimism about the outlook for interest rates.
The dollar index dropped to 102.94 this morning, and despite recovering to 103.19, remains weak, losing about 0.33%.
For comments and feedback contact: editorial@rttnews.com
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.