After moving notably lower over the past few sessions, the price of gold has shown a strong move back to the upside during trading on Thursday.
Gold for June delivery has jumped $68 or 1.5 percent to $4,629.50 an ounce after plunging $179.41 or 3.8 percent over the first three days of 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.