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Commodities

Gold Declines Amid Profit-Taking, U.S. Dollar Rebound, U.S. Shutdown

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Gold prices fell on Thursday, giving up early advances and moving lower as investors resorted to profit taking from recent record highs and with the U.S. dollar gaining ground from earlier losses while markets assessed the implications of ongoing U.S. government shutdown.

Front Month Comex Gold for October delivery fell by $27.80 (or 0.72%) to $3,839.70 per troy ounce.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

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.