CCY:XAUUSD

Xau/usd Currency Pair News

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$4,327.89
-142.39 (-3.19%)
At Close: Jun 05, 2026
Gold trades near $5,000 as safe-haven demand surges, while silver builds momentum toward $100 amid strong technical trends.
It took the US president a single minute to flip sentiment from fear to greed. That came during Wednesday's Davos speech, when he said he is not considering military action to take Greenland by force
The precious yellow metal has staged the expected bullish impulsive up move sequence above the highlighted US$4,512 short-term pivotal support and hit the short-term intermediate resistance of US$4,78
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
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold record-setting rally remains uninterrupted for fifth day amid Fed rate cut bets
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold Price Forecast: XAU/USD jumps above $4,950 despite easing US-EU tensions
It has been a clearly positive week for gold, with the metal currently posting four consecutive bullish sessions and accumulating gains of more than 7.2%, moving steadily closer to the $5,000 per ounc
Gold prices steadied near $4 880 an ounce, very close to yesterday's all-time high, after tensions surrounding Greenland eased. For several sessions, the metal had hovered close to record levels, fuel
Gold hits record above $4,900 as rally extends despite risk-on mood
U.S. dollar's weakness provided support to precious metals markets.
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