CCY:XAUUSD

Xau/usd Currency Pair News

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$4,341.94
+101.28 (+2.39%)
At Close: Aug 07, 2026
Gold extended its rally to $5,598 against the US Dollar before witnessing a major decline. The price tested the $4,400 zone and recently started a recovery wave.
Gold Price Forecast: XAU/USD rebounds above $4,800, traders brace for US-Iran talks
Every bull market creates its own regrets. Missed entries.
Gold slides as Warsh Fed pick, hot ISM data extends bullion unwind
Silver is trying to settle back above the $80.00 level.
Gold extended sharp drop and fell to the lowest in one month, after trading on Monday started with about $100 gap lower, signaling that negative sentiment (after Friday's biggest daily drop in over fo
The price of gold fell initially as one should have expected to see after Friday's big plunge, but they have since bounced back and the day's losses have been trimmed sharply. However, it is far too e
The gold market has been in the forefront of most traders' minds lately, and with good cause. The Monday session was very volatile, and it looks like we are trying to find a floor here.

Gold and Silver Fell Off a Cliff

08:22am, Monday, 02'nd Feb 2026
The US dollar recorded its best one-day performance since May, after Trump selected Kevin Warsh as a candidate for Fed chair. He is believed to be committed to defending the independence of the centra
Precious metals were once again in the spotlight as the volatile selling continued towards the tail end of Asia trading. Gold dropped by 10% at one point with silver down roughly 16% at the lows befor
Gold plunges to $4402.38 then recovers as traders hunt for value. Key battle zone at $5002.31-$5143.89 will determine if sellers return or buyers break out.
Gold Price Forecast: XAU/USD bounces towards $4,800, remains bearish on the day
Gold stabilises after sharp correction as dip buying emerges
Gold: $6,000 target remains intact – Deutsche Bank

Markets Rocked by Unwinding of Gold and Silver

05:37am, Monday, 02'nd Feb 2026
Speculations and the recent nomination of Kevin Warsh to become Fed chair have allowed the US dollar to find its footing. In the past, this former FOMC official has shown himself to be a ‘hawk'.
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