CCY:XAUUSD

Xau/usd Currency Pair News

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$4,470.28
+20.21 (+0.454%)
At Close: Jun 04, 2026
Gold prices experienced a selloff in the Asian session as Oil prices continue to rise, stoking inflation concerns. Markets continue to be driven by the potential for a deal between the US and Iran.
Gold stalls at $4,633 with resistance at $4,670, while Silver breaks channel support near $74 as supply deficits tighten.
Gold (XAU/USD) is undergoing a significant selloff, driven by rising oil prices, inflation fears, and dampened sentiment over a US-Iran deal. Technical analysis shows accelerating bearish momentum acr
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
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold struggles below $4,700 as US-Iran tensions support USD ahead of FOMC meeting
Despite a weaker USD at the start of the week, both Gold and Silver have failed to attract meaningful buying interest, trading instead in narrow ranges. This breakdown in the usual inverse correlation
Gold tumbles below $4,700, Iran's Hormuz Strait proposal and Fed rate decision in focus
Gold consolidates below key moving averages after a wedge breakdown, with resistance near recent highs while price structure remains poised for either continuation or recovery.
Gold slides below $4,700 as Iran impasse lifts yields, Dollar bid
The lack of progress in U.S. – Iran negotiations puts pressure on gold markets.
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