April 17, 2026

Daily Morning Analysis Report – Friday – 17/04/2026

Daily Market Report

➢ Gold (XAU/USD) dipped as easing Middle East tensions reduced safe-haven demand.
➢ Optimism over US–Iran talks and Israel–Lebanon ceasefire pressured bullion.
➢ Stronger US Dollar (DXY) added downside pressure to gold prices.
➢ Gold traded around $4,770–$4,795, staying below the $4,800 level.
➢ Improved risk sentiment boosted equities, reducing gold’s appeal. 

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Team Rafmoh

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