Gold reclaims $4,000 but falls for the week as U.S.-Iran flare-up fuels rate-hike bets

Jul 17, 2026, 5:25 PM ETSPDR Gold Shares ETF (GLD), GDX, IAU, NUGT, SLVSIL, SGOL, SIVR, GDXJ, PHYS, PSLV, DUST, SGDM, RING, OUNZ, SILJ, SGDJ, BAR, GLDM, AAAU, XAUUSD:CURBy: Carl Surran, SA News Editor

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Gold futures turned higher Friday after the latest U.S. economic data showed consumer sentiment improving and shorter-term inflation expectations easing.

The preliminary reading for the University of Michigan’s monthly consumer sentiment survey for July came in at a better-than-expected 54.4, which