CCY:XAUUSD

Xau/usd Currency Pair News

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$4,250.06
+174.27 (+4.28%)
At Close: Aug 05, 2026
Philippines Gold price today: Gold steadies, according to FXStreet data
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Pakistan Gold price today: Gold steadies, 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 retains bearish bias near November 2025 lows; eyes US PCE amid receding Fed hike bets
Gold falls to seven-month low below $4,000 on rising Fed hike bets, traders brace for US PCE data
As the trading week moves forward, one of the most relevant developments across financial markets has been the continued weak.
Gold broke below long-term trendline support and a key Fibonacci level, increasing the risk of a deeper correction while leaving bulls with important resistance to reclaim.
Gold price breaks below $4,000 as US Dollar hits 13-month high
Silver and platinum test new lows amid falling demand for commodity-related currencies.
The dust has now settled after last week's Federal Reserve meeting, and the U.S. dollar's move above 101 appears to be driving the final leg lower in precious metals into July.
Gold continues to plunge on Wednesday, as we are seeing the correlation between falling rates in the USA and prices rising in the gold market. At this point, gold looks very vulnerable.
Gold prices have dropped 4% since the Fed meeting as traders price in three rate hikes. With PCE data ahead, bears are targeting key support at $3,886.

Gold: Slower grind higher as forecasts cut – ING

07:41am, Wednesday, 24'th Jun 2026
Gold: Slower grind higher as forecasts cut – ING
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