Gold prices moved sharply lower during trading on Friday, extending the modest pullback seen in the previous session.
After slipping $17.50 or 0.4 percent to $4,186.90 an ounce during Thursday's session, gold for November delivery plunged $99.30 or 2.4 percent to $4,087.60. Despite the two-day slump, the price of gold surged 2.2 percent for the week.
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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.