Gold prices fell sharply on Friday amid concerns about interest rates after hawkish comments from top officials from Federal Reserve, European Central Bank and the Bank of England.
The dollar rebounded in the New York session, hurting the yellow metal.
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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.