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Gold set for weekly drop as higher oil prices stoke inflation fears - Reuters

Gold set for weekly drop as higher oil prices stoke inflation fears - Reuters

Gold set for weekly drop as higher oil prices stoke inflation fears Reuters

April 24, 2026 at 02:53 AM Original source
6 agencies covered this story

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Notable Quotes

"As long as this risk of prolonged closure of the strait is there, oil will continue to trade at elevated levels, pressuring gold prices."

— Kelvin Wong , Other

"I'll finish it up militarily."

— Trump , Politician

"Gold is still being trapped in this sideways range, between the 50-day moving average at around $4,900 and at the bottom, the 20-day moving average at $4,645 level."

— Kelvin Wong , Other

"I’ll finish it up militarily."

— Trump , Politician

"As long as this risk of prolonged closure of the strait is there, oil will continue to trade at elevated levels, pressuring gold prices."

— Kelvin Wong , Other

"I'll finish it up militarily."

— Trump , Politician

All Coverage

Gold set for weekly drop as higher oil prices stoke inflation fears - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxPSEFIY0JLcmhrNFBuMl8xVktiWk1URGhzb18zQnBUXzB1aTJaMTU2cHFMbmRsam1EMFZHTHd1UVJ4eWVrRTkwaUM5U3lEdDhLc3FwQWhEQzVrd05WTVk4b1lqLTVsekE3VjRDUy1ka0k4NGVMZFRsOVJoQ3JzMG9pbDFHSmg5dGQySUFlS1h6aURnQndyZnhKbkczcDRnXzRJRmtkcmhpVnROdE5f?oc=5" target="_blank">Gold set for weekly drop as higher oil prices stoke inflation fears</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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Gold set for weekly drop as higher oil prices stoke inflation fears
Dawnvia ai

Gold held steady, but was on track for a weekly drop as elevated oil prices fueled fears of inflation and higher-for-longer interest rates amid stalled U.S.-Iran peace talks.

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Gold set for weekly drop as higher oil prices stoke inflation fears
Business Recordervia ai 2 quotes 2 persons

Gold held steady on Friday, but was on track for a weekly drop as elevated oil prices fueled fears of inflation and higher-for-longer interest rates amid stalled U.S.-Iran peace talks.

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New Straits Timesvia ai 2 quotes 2 persons

Gold prices fell on Friday and were on track for a weekly drop, as elevated oil prices fueled fears of inflation and higher-for-longer interest rates amid stalled U.S.-Iran peace talks.

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Gold set for weekly drop as higher oil prices stoke inflation fears
The Starvia ai 2 quotes 2 persons

Gold prices edged lower on Friday and were on track for a weekly drop, as elevated oil prices fueled fears of inflation and higher-for-longer interest rates amid stalled U.S.-Iran peace talks.

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Gold set for weekly drop as higher oil prices stoke inflation fears
The Economic Timesvia ai

Gold prices held firm Friday, yet are poised for a weekly decline. Soaring oil prices, fueled by stalled U.S.-Iran peace talks, are sparking inflation worries and the prospect of prolonged high interest rates.

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