{
    "success": true,
    "data": {
        "id": 1699652,
        "msgid": "global-gold-prices-take-a-hit-four-week-rally-ends-1777078251",
        "date": "2026-04-25 06:52:45",
        "title": "Global Gold Prices Take a Hit, Four-Week Rally Ends",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Global gold prices faced downward pressure throughout the week due to concerns over inflation risks from surging oil prices and the potential for prolonged high US interest rates. While gold closed slightly higher on Friday at US$4,708.6 per troy ounce, it recorded a weekly decline of 2.48%, ending a four-week upward streak. This correction is driven by geopolitical tensions boosting oil prices, strengthening the US dollar, and rising bond yields, which make gold less attractive compared to interest-bearing assets.",
        "content": "<p>Jakarta, CNBC Indonesia - Global gold prices were under pressure\nthroughout this week as market participants grew concerned about\ninflation risks stemming from the surge in oil prices and the\npossibility of US interest rates remaining high for longer.<\/p>\n<p>According to Refinitiv, gold closed at US$4,708.6 per troy ounce, up\n0.34% in Friday\u2019s trading (24\/4\/2026). This closing price reversed the\nprevious session\u2019s position, when gold had corrected by 0.95% to\nUS$4,692 per troy ounce.<\/p>\n<p>However, on a weekly basis, gold prices still fell 2.48%. This\ncorrection broke the weekly strengthening trend for gold that had been\nongoing for four consecutive weeks.<\/p>\n<p>The main pressure on gold this week came from persistently high oil\nprices due to the US-Iran conflict. The rise in energy prices has made\nmarkets worry that global inflation will be difficult to curb again.<\/p>\n<p>For gold, this situation poses significant pressure. If inflation\nremains high, the Federal Reserve may hold interest rates at elevated\nlevels for longer. Such expectations make gold less appealing because it\ndoes not yield interest like bonds.<\/p>\n<p>The situation is quite unique. Geopolitical conflicts typically drive\ndemand for gold as a safe-haven asset. However, this time the impact of\nthe conflict has also lifted oil prices, increasing inflation risks and\nexpectations of prolonged high interest rates. This combination has\nultimately restrained gold\u2019s advance.<\/p>\n<p>Pressure on gold intensified further as the US dollar and US\ngovernment bond yields also strengthened. A stronger dollar makes gold\nmore expensive for buyers outside the US, while rising yields make\ninvestors more interested in interest-bearing assets.<\/p>\n<p>With these factors, the strengthening of gold on Friday appears more\nlike a limited rebound than a sign of trend reversal. As long as oil\nprices, the US dollar, and yields remain high, the room for gold to\nstrengthen may continue to be constrained.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/global-gold-prices-take-a-hit-four-week-rally-ends-1777078251",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}