CCY:XAUUSD

Xau/usd Currency Pair News

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$4,327.89
-142.39 (-3.19%)
At Close: Jun 05, 2026
Gold rallied above the $3300 level as traders prepared for Fed decision, which will be released on Wednesday.
Gold jumped over 2% on Monday, lifted by weaker dollar and persisting uncertainty over US-China trade conflict that revived safe-haven demand.
The currency markets remain subdued in early trading this week, with the exception of a broad, mild Dollar weakness. Among the major currencies, movements have been muted despite notable developments.
On Friday, May 2nd, U.S. markets closed higher, as strong U.S. jobs data and signs of U.S.-China tariff talks boosted risk appetite. The S&P 500 marked its longest winning streak in over 20 years.
Gold price jumps over 2% as dollar weakens and Fed meeting nears. Bulls target a breakout above $3351.08 with eyes on $3500.20.
Gold (XAU/USD) rises by more than 2% on Monday to $3,310 at the time of writing, with traders fleeing to safe assets after an eventful weekend on the geopolitical front. The Houthi attack that hit Ben

Gold pushes back above $3,300 on the day

06:08am, Monday, 05'th May 2025
You can't keep the gold bugs down for too long it would seem. The drop last week was a testing one but the 50.0 Fib retracement level held, at least on the daily chart as seen above.
Gold prices climbed to 3,260 USD per troy ounce on Monday, as global uncertainty—particularly around US-China trade negotiations—continues to drive demand for safe-haven assets.

Gold Dips Further and WTI Crude Oil Tumbles

03:59am, Monday, 05'th May 2025
On the hourly chart of Gold at FXOpen, the price climbed above the $3,250 resistance. The price even spiked above $3,300 before the bears appeared.
Gold rises to $3,272 amid trade tensions and global uncertainty; silver eyes $32.98 as safe-haven demand fuels bullish momentum.
Gold prices rose in Saudi Arabia on Monday, according to data compiled by FXStreet.
Gold prices rose in Philippines on Monday, according to data compiled by FXStreet.
Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet.
Gold prices rose in Pakistan on Monday, according to data compiled by FXStreet.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
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