Gold rebounded after three days of losses to hold above $4,100 an ounce on Thursday after the U.S. military attacked Iranian targets for a second straight day and President Donald Trump said the flare-up will end very quickly. Spot gold rose 0.7 percent to $4,105.77 an ounce while U.S. gold futures were up 0.9 percent at $4,117.20.
The dollar dipped from recent highs while Treasury yields were steady after the FOMC minutes from the June 16-17 meeting reinforced the central bank's cautious stance.
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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.