Gold held steady on Friday but eyed its fourth weekly gain as oil prices softened on growing optimism over a potential deal to end the Iran war.
Spot gold edged up by 0.1 percent to $4,795.14 an ounce and was up more than 1 percent so far this week. U.S. gold futures were up 0.2 percent at $4,818.89 an ounce.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.