Weekly Market Wrap: Gold Up $33.18 On the Week

Gold's steadfast rise influenced by geopolitical tensions and economic data ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ [GOLD PRICE LOGO]( WHERE THE WORLD CHECKS THE GOLD PRICE Gold Daily - April 19, 2024 [Gold Price Chart]( ⏱️ Gold in 60 Seconds Current [Gold Spot Price]( $2,390.86 Happy Friday, traders. Welcome back to our [weekly market wrap-up]( where we dive into the economic events and market news that have significantly impacted gold prices and other precious metals throughout the week. This period has seen gold maintain a robust upward trajectory, sustained by a mix of geopolitical anxieties and strong economic data. The ongoing tensions in the Middle East, particularly the recent escalations between Israel and Iran, have propelled gold higher as investors flock to it as a safe-haven asset. This rise was further bolstered by positive U.S. economic reports, which suggest that the Federal Reserve may not be pressured to cut interest rates anytime soon. Notably, retail sales figures and manufacturing data outperformed expectations, indicating a resilient economy. Despite some instances of volatility—like the brief spike when gold topped $2400 per ounce due to a risk-off moment on Thursday night—the precious metal has impressively recorded its fifth consecutive week of gains. With the geopolitical landscape remaining uncertain and economic indicators showing strength, gold continues to be an attractive investment amidst global instability. As we prepare for the coming week, keeping an eye on further economic data and geopolitical developments will be crucial for traders navigating the precious metals market. [Read the Full Market Recap](   [BUY GOLD & SILVER AT JM BULLION](     [Advertisement](   📰 Top Stories 🔥 Gold Price RECAP: April 8-12 This week has been a whirlwind of activity, with gold experiencing fluctuations amidst a backdrop of economic data releases and geopolitical tensions, setting the stage for potential future movements... [Read More >](   🔥 Gold Price RECAP: March 18-22 Gold spot prices again enjoyed the rarified air of new all-time highs this week, briefly, pricing bids above $2200/oz; at the same time, we may have just seen the market put in the “top” for the yellow metal’s current cycle... [Read More >](     [Twitter]( [Instagram]( Stay Informed - Get Our App! No longer want to receive these emails? [Unsubscribe](. GoldPrice.org 10440 N. Central Expressway Suite 800 Dallas, TX 75231