CCY:XAUUSD

Xau/usd Currency Pair News

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$4,240.66
-9.40 (-0.221%)
At Close: Aug 06, 2026
Gold prices rally as the dollar weakens and oil falls, while traders watch Treasury yields and Friday's payrolls report for direction.
Gold markets rallied early on Wednesday as rates collapsed on the news that the war could wind down. With this, the negative correlation between rates and gold pricing continues.
Gold surges as Middle East peace hopes crush Oil and the US Dollar

Gold Roars Back as Peace Hopes Crush Dollar

07:20am, Wednesday, 06'th May 2026
Gold's rebound is suddenly turning into something much bigger. After defending the 4,500 psychological level earlier this week, the metal has surged sharply as markets aggressively sell Dollar on sign
GBP/USD is gaining ground amid a weaker U.S. dollar amid renewed hopes for a U.S.-Iran peace deal, despite some caution ahead of tomorrow's UK local elections.
Gold reclaims bullish territory at $4,679 after clearing $4,650, supported by higher lows and rising RSI. Silver breaks out above $76 with engulfing candles and positive momentum.

Gold: Ceasefire supports safe-haven bid – ING

03:37am, Wednesday, 06'th May 2026
Gold: Ceasefire supports safe-haven bid – ING
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Gold and silver rebounded as U.S. dollar weakness, softer oil prices, and improving hopes of U.S.-Iran peace supported precious metals.
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
A notable shift in tone from Trump administration officials on Tuesday set the stage for a broad risk-on session across Asia-Pacific markets on Wednesday, as growing optimism around a potential US-Ira
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