CCY:XAUUSD

Xau/usd Currency Pair News

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At Close: Jun 04, 2026

Gold slumps below $5,100 as US Dollar gains

06:14pm, Thursday, 05'th Mar 2026
Gold slumps below $5,100 as US Dollar gains
The weekly chart is currently showing as a bearish engulf in gold and this stands in stark contrast to how the week had started, with an initial rally on the back of geopolitical tensions that saw the
Gold tumbles below $5,100 on strong US Dollar, Treasury yields
Gold price retreats as oil-driven inflation fears push yields higher and reduce Fed cut bets. Gold analysis shows $5002.31 support critical for the gold price future.
Gold chops near $5,100 with the 50-day EMA rising at $4,867. A double-top breakdown below $4,600 would measure $900 of downside.

Gold –05.03.2026

04:58am, Thursday, 05'th Mar 2026
  Gold met the targets at 5249 and 5130 and moved lower. As we see over the chart, the market is facing resistance around 5225, and if prices remain below it, the drop pressure could return towards 5
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold rises as safe-haven demand increases on Iran war
However, markets often play rough games with high expectations, as we recently saw with Nvidia and Microsoft earnings. This aligns with the adage “Buy the rumor, sell the news.
Gold holds gains near $5,150 amid geopolitical tensions
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