Gold prices have edged lower on Thursday as the planned second round of U.S.-Iran negotiations has been delayed indefinitely with both sides hardening their stance, leaving the Strait of Hormuz blocked with no resumption of oil transit, thereby stoking inflationary concerns once again.
Front Month Comex Gold for June month delivery has fallen by $28.60 (or 0.60%) to $4,724.40 per troy ounce.
For comments and feedback contact: editorial@rttnews.com
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.