Extending the losses from the two previous sessions, gold prices have moved lower on Friday as attacks in the gulf region intensify, stoking broader inflationary concerns, with expectations of a rate cut by the U.S. Federal Reserve in the short-term fading completely.
Front Month Comex Gold for April delivery has slid by $30.10 (or 0.65%) to $4,575.60 per troy ounce.
Front Month Comex Silver for April delivery has plunged by $1.489 (or 2.10%) to $69.485 per troy ounce.
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Market Analysis
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.