CCY:XAUUSD

Xau/usd Currency Pair News

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$4,250.06
+174.27 (+4.28%)
At Close: Aug 05, 2026
Gold prices tumble as the U.S. dollar tops 99 and Treasury yields hit yearly highs, crushing demand for non-yielding assets.
Gold: Higher yields weigh on price – Commerzbank
The US dollar and Treasury yields continue climbing toward fresh yearly highs, pressuring both the euro and gold as markets start to price in risk-off sentiment driven by rising inflation and profit-t
Gold Price Forecast: XAU/USD remains under bearish pressure near $4,550
Gold continued its decline on Friday, falling to 4,619 USD per ounce. The week is set to close with losses of around 1%, as mounting US inflation puts pressure on the market.
Gold continues to consolidate as softer US yields support buyers, but the 50-day EMA remains the key barrier before a possible move toward $5,000.
Hotter US CPI and the Trump-Xi summit weighed on precious metals as the ceasefire holds. Gold printed a decisive breakdown below $4,600 with RSI under 40 while silver broke its ascending channel targe
Gold and silver remain under pressure as higher oil prices, rising Treasury yields and a stronger U.S. dollar weigh on sentiment, while silver shows relative strength and waits for a clear breakout.
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
Gold and silver are getting hit from all sides as a surging dollar, soaring bond yields and heavy equity market losses combin.
India Gold price today: Gold falls, according to FXStreet data
After completing the correction at $4098.74 on the March 23 low, Gold (XAUUSD) initiated a rally in a clear impulsive structure. From that level, wave (1) advanced and concluded at $4890.97.
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