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 are poised to snap a two-week rally with XAU/USD trading just below record highs. A breakout of the August opening-range is now testing uptrend resistance into the close of the month and w
The gold market fell hard in the early hours of Wednesday, as the market may have gotten a bit ahead of itself. It also is a situation where the US dollar was oversold, so a strengthening greenback co

Gold markets are unanimously bullish – TDS

09:15am, Wednesday, 28'th Aug 2024
A period of high deficits, slowing growth, sticky inflation, currency devaluation and an imminent cutting cycle has already attracted capital towards Gold's warm embrace, TDS Senior Commodity Strategi
Gold and silver have come off their recent highs as the US dollar nudges higher ahead of the US open. Nvidia results after the US market closes will be key for risk sentiment.

Gold is down more than 1% on the day

08:57am, Wednesday, 28'th Aug 2024
Gold briefly touched the recent highs around the 2530 level in the Asian session but eventually erased all the gains made this week and extended the drop below the 2500 level.
Gold prices have returned to $2500/oz as the DXY started the day strong. Geopolitical tensions have taken a backseat while markets anticipate this week's data.

Bulls Continue Rally as Gold Hits Another High!

06:33am, Wednesday, 28'th Aug 2024
Bulls Continue Rally as Gold Hits Another High! Gold price tested another high as the Fed almost confirmed a September rate cut.
Gold prices dip as the dollar strengthens; traders await key U.S. inflation data that could impact Fed rate cut decisions and gold's future.

Gold: Long-Term Bullish, Short-Term Correction

04:46am, Wednesday, 28'th Aug 2024
The Federal Reserve is widely expected to cut interest rates soon, which has boosted the appeal of gold. However, Daniel Ghali, a Senior Commodity Strategist at TDS, warns that a potential correction
Currently, the price is challenging the 20- and 50-period simple moving averages (SMAs) in the 4-hour chart, with the technical oscillators showing some weakening momentum. The stochastic is heading l
The GBPUSD has broken through a long-term consolidation range that extended from 2009 to 2024, surpassing the trendline connecting the lower highs of July 2014 and May 2021.

Gold pulls back to $2,500 as USD recovers

04:13am, Wednesday, 28'th Aug 2024
Gold (XAU/USD) exchanges hands just above $2,500 on Wednesday after sliding lower due to a rebound in the US Dollar (USD). Given Gold is mainly priced in USD, any strength in the Greenback tends to we
Gold's bearish engulfing candle signals a potential drop below $2,500. Key support levels could determine the next move for XAU/USD.
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.
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