Gold prices fell to more than 6-month lows on Monday, weighed down by a stronger dollar and higher bond yields amid bets the Federal Reserve will hold interest rates higher for longer to fight inflation.
The dollar index surged to 106.94, gaining nearly 0.7%.
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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.