CCY:XAUUSD

Xau/usd Currency Pair News

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$4,341.94
+101.28 (+2.39%)
At Close: Aug 07, 2026
Gold and silver prices retreated as stronger U.S. jobless claims data lifted the dollar and easing Iran–U.S. tensions reduced safe-haven demand.
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold moves below $4,600 as safe-haven demand eases
Gold Price Forecast: XAU/USD slumps to near $4,600 as Trump softens tone on Iran
Gold is consolidating just below record highs, reinforcing bullish control as shallow pullbacks, rising moving averages, and clustered Fibonacci targets point toward another upside breakout.
Gold pulls back near $4,610 as Iran rhetoric softens, Fed cut bets fade
Gold is pressing into confluent uptrend resistance, with XAU/USD testing a key technical threshold as the rally extends to fresh record highs. This area is reinforced by multiple long-term projections
Silver traders rushed to buy the dip.
Today's calmer rhetoric from President Trump over Iran crisis and conflict with Fed Chief Powell, cooled the sentiment and paused recent rally for now.
Gold retreats from record highs as easing Iran tensions and surging dollar pressure prices. Rate cut hopes keep dip-buyers ready at key support levels.
Gold remains supported near record highs amid Fed and geopolitical uncertainty
Gold Price Forecast: XAU/USD returns above $4,600 as the Dollar hesitates
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