CCY:XAUUSD

Xau/usd Currency Pair News

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$4,327.89
-142.39 (-3.19%)
At Close: Jun 05, 2026
Gold (XAU) prices are extending on Friday their drop for the second consecutive day, hitting a seven-day low of $3,023 per troy ounce, down more than 2.80% as Federal Reserve Chair Jerome Powell turne
The gold market has been very noisy this week, as we have seen a lot of traders take a profit. After all, the market has been very strong for ages, so it makes a bit of sense that we could see this ha
The gold market fell hard in the early hours of Friday, just as it did on Thursday. However, there are a lot of reasons to think that the buyers will return again, with all of the fear and uncertainty
Metals and miners likely reached their cycle peaks, and we could see notable declines into May or June.
Forced selling hits gold prices, yet Fed uncertainty and rising recession odds may fuel the next gold rally above the $3111 pivot.
The Gold price initially rose to a new record high of $3,168 per troy ounce in response to US President Trump's tariff announcements, but then fell back significantly, Commerzbank's commodity analyst
Gold was struggling earlier in the day as some selling pressures crept in, with gold being lumped alongside other precious and industrial metals in the early reaction to Trump's tariffs. But with Chin
Gold price (XAU/USD) is falling near 1% on Friday and, in the process, is snapping back below $3,100 to $3,082 at the time of writing. Bullion was able to avoid a complete meltdown by paring back Thur
Gold trades near $3,100 as rate cut bets and tariff-driven risk-off sentiment support safe-haven demand ahead of key U.S. jobs data.
After the overnight corrective pullback in Comex Gold from all-time highs, Gold price in India also follows suit on Friday.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
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