CCY:XAUUSD

Xau/usd Currency Pair News

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$4,327.89
-142.39 (-3.19%)
At Close: Jun 05, 2026
Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet.
Gold prices rose in United Arab Emirates on Thursday, according to data compiled by FXStreet.
Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold prices rose in Malaysia on Thursday, according to data compiled by FXStreet.
Gold price (XAU/USD) trades with a mild positive bias during the Asian session on Thursday and looks to build on the previous day's goodish bounce from the $2,864 area touched in reaction to hotter US
Apart from what has been posted there is no fresh news nor data. EUR and gold both notable performers today.
Gold price recovered some ground late during Wednesday's North American session. Federal Reserve (Fed) Chair Jerome Powell said that policy needs to remain restrictive as inflationary pressures mount
Gold tested support at $2,864 before rebounding, with a potential bullish hammer forming, signaling strength toward resistance levels at $2,909 and $2,943.
Gold rebounded from session lows as traders bought the dip.
The price of gold may attempt to retrace the decline from the record high ($2943) as long as the RSI holds in overbought territory.
The gold market has drifted a bit lower, as the $2900 level is a bit of a barrier, but more importantly, we are also a bit exhausted at this point in time.
Gold slips as Powell signals no rush for rate cuts. CPI data and trade tensions add pressure, with key support at $2,857.49.

Gold rally stalls after Fed's Powell testimony

05:58am, Wednesday, 12'th Feb 2025
Gold's price (XAU/USD) edges lower and trades below $2,900 at the time of writing on Wednesday after Federal Reserve (Fed) Chairman Jerome Powell went to Capitol Hill for his semi-annual testimony bef
The high earlier this week touched $2,942 and gold is nearly 2% down from that currently. Is it a case of running out of steam or are the bulls just taking a bit of a breather?
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