CCY:XAUUSD

Xau/usd Currency Pair News

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$4,049.79
+48.73 (+1.22%)
At Close: Jul 14, 2026
Gold price (XAU/USD) rebounds to near $2,400 in Monday's European session after a modest correction from seven-week high of $2,424 on Thursday. The precious metal edged lower as the US Dollar gained
Gold has been experiencing solid gains since late June, with the break above its 50-day simple moving average (SMA) and restrictive trendline brightening the short-term technical outlook. However, the
Gold prices surged to $2405, driven by US political tensions and China's economic challenges, hinting at potential further gains.
Gold price (XAU/USD) struggles to capitalize on Friday's goodish rebound from the $2,391 area and kicks off the new week on a weaker note. This marks the second straight day of a downtick and is spons
Gold prices remained broadly unchanged in United Arab Emirates on Monday, according to data compiled by FXStreet.
Gold Price Forecast: XAU/USD edges lower near $2,400 on US Dollar rebounds
Gold prices fell in Philippines on Sunday, according to data compiled by FXStreet.
Since ancient times, gold has remained a crucial element of global economies. Its unique properties have made it not only valuable as jewellery but also a reliable means of preserving wealth.
The mix of cooling inflation, increasingly dovish Fed rhetoric, and surging rate cut expectations creates a potent environment for gold prices.
Gold's price clung above $2,400 on Friday after hitting a daily low of $2,391. The golden metal is set to extend its gains for the third consecutive week on speculation that the Federal Reserve (Fed)

Gold Price Forecast: Bullish Momentum Retained

04:34pm, Friday, 12'th Jul 2024
Gold forms a bullish doji hammer inside day, signaling potential breakout above 2,425 with higher targets at 2,462 and 2,480.
United States CFTC Gold NC Net Positions up to $254.8K from previous $241.5K
The gold market has seen a lot of noise over the course of the week, as we have seen volatility, mainly due to noisy behavior coming out of the bond markets and of course the US Dollar.
The higher-than-expected PPI reports did not put pressure on gold markets.
The gold market has shown itself to be resilient on Friday, as the market continues to see a lot of volatility, as the market is pressuring the overall resistance barrier.
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