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Gold futures finish lower as geopolitical tensions ease

17 Jan 2026 Evaluate
Gold futures finished lower on Friday, as the safe haven appeal of the bullion dulled after President Donald Trump reiterated that he might delay any military action, citing signs that the crackdown on protests was moderating and that large-scale executions would not proceed. Moreover, near-term Fed interest rate cut bets faded after stronger US economic data. However, the yellow metal for the most active contract marked a gain of 2.05% for the week.

Gold futures for February delivery down by $28.30 or 0.61% to settle at $4,595.40 an ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $20.06 or 0.43% to $4,596.09 an ounce.

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