CCY:XAUUSD

Xau/usd Currency Pair News

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$4,250.06
+174.27 (+4.28%)
At Close: Aug 05, 2026
Gold Price Forecast: XAU/USD tests support at $4,450 as the US Dollar rallies

Gold –03.06.2026

07:20am, Wednesday, 03'rd Jun 2026
Gold rebounded from the 4450-80 support zone which could initiate a reversal Head-and-Shoulder formation which could push for another rebound towards the 4880 zone. As we see from the chart, prices re
Gold is again on the backfoot as yet another rally on optimism gets faded. Tonight, Iran's IRGC launched a wave of ballistic missile attacks targeting US military bases across the Gulf, including an A

Gold: Attempt to Break Out of the Short-Term Trend

03:08am, Wednesday, 03'rd Jun 2026
In April, US inflation stood at 3.8% year-on-year — the highest level since May 2023. A significant contribution came from rising fuel prices amid escalating tensions in the Middle East.
The Reserve Bank of India on ​Wednesday denied a Bloomberg News report that said the ‌central bank likely sold gold reserves worth roughly $12 billion in the two weeks through May 22.
Bitcoin breaks below key support as bearish pressure builds, while the gold-to-Bitcoin ratio signals rising gold outperformance and deeper risk for BTC.
The ongoing US-Iran ceasefire allowed gold and silver to react to technical breakdowns. Gold accelerated lower below $4,500 with strong bearish continuation while silver traded at $74.80.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, 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 struggles below $4,500 as Oil-driven inflation fears reaffirm Fed hike bets
Gold declines to near $4,450 amid fading Iran peace hopes
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