CCY:XAUUSD

Xau/usd Currency Pair News

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$4,327.89
-142.39 (-3.19%)
At Close: Jun 05, 2026
Gold traded slightly below its opening price at the beginning of the week and is down by 0.15%, weighed down by rising US Treasury yields. Market players prepare for a busy economic docket in the Unit

4 Big reasons that UBS target US$2850 for gold

06:23pm, Monday, 28'th Oct 2024
UBS says not to be too concerned about record high gold prices and the 30%+ rise so far this year: prices will continue to rise in the months ahead UBS forecast $2850 by mid-2025. In brief, UBS cite g
Gold traders are waiting for additional catalysts.
In early trading, gold was down as oil prices took a 5% plunge, amid an apparent easing in Middle East tensions and an uptick in US Treasury yields. The restrained reaction by Israel after recent atta
Sr. Technical Strategist Michael Boutros highlights the targets & invalidation levels that matter on the USD Majors, commodities & stocks into the weekly open.
The gold market has been somewhat sideways over the last week or so, as we are trying to do everything, we can to work off that massive froth that we have seen. The overall trend is still strong as we

Gold – 28.10.2024

09:02am, Monday, 28'th Oct 2024
Gold is testing the support zone of 2728 right now with a correction toward 2744-48 possible. Below 2728, prices could head for a drop toward the 2712-15 zone.
Gold (XAU/USD) falls over half a percent to trade in the $2,730s on Monday but remains within the confines of the previous week's mini range. The precious metal loses ground on reports that demand fro
US Dollar dips as double-top formation pressures DXY; Gold and GBP/USD hold steady while EUR/USD shows modest gains amid market uncertainty.
With the 10-year Treasury yield climbing above 4.2%, the dollar's strength is curbing gold's short-term appeal.
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet.
Gold prices fell in Philippines on Monday, according to data compiled by FXStreet.

How high is too high for gold?

01:00am, Monday, 28'th Oct 2024
Another week, another record high for gold. And another start to the week where I am asking myself “when is this rally going to top?
Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet.
Gold prices fell in Pakistan on Monday, according to data compiled by FXStreet.
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