CCY:XAUUSD

Xau/usd Currency Pair News

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$4,327.89
-142.39 (-3.19%)
At Close: Jun 05, 2026
Gold price remains firm on Wednesday amid speculation that the President of the United States (US), Donald Trump, could roll back some tariffs, at least duties on automobiles linked to the USMCA free
After reclaiming the 20-Day MA, gold tested resistance at $2,930. A drop below $2,894 could confirm a continued bearish retracement.
U.S. dollar's strong pullback did not provide support to gold markets.
Gold Price Forecast: XAU/USD trades around $2,930 amid escalating trade war
The gold market continues to see a lot of reasons for the market to continue higher, as the markets are looking to the shrinking US dollar and lower rates in America.
Gold is trading around 2,910 USD per troy ounce on Wednesday, pausing after the previous day's growth. The temporary slowdown comes as rising US Treasury bond yields exert pressure on prices.
Gold remained steady on Wednesday and in consolidation mode after strong rally in past two days, which reversed around 76.4% of pullback from new record high ($2956) to $2832 (correction low).
Gold prices hold near $2910 as the dollar strengthens. Will inflation risks and Fed policy push XAU higher or trigger a deeper pullback?
Gold's price (XAU/USD) recovers its earlier losses in the Asian trading session and trades around $2,920 at the time of writing on Wednesday. With tariffs still in place and several more tariffs to co
Gold slips as rising U.S. Treasury yields and a stronger dollar cap gains. Will geopolitical risks keep XAU/USD above key support levels?
Gold prices fell in Saudi Arabia on Wednesday, according to data compiled by FXStreet.
Gold prices fell in Philippines on Wednesday, according to data compiled by FXStreet.
Gold prices fell in United Arab Emirates on Wednesday, according to data compiled by FXStreet.
Gold prices fell in Pakistan on Wednesday, according to data compiled by FXStreet.
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
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