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 edges lower to near $4,150 on US–Iran peace uncertainty, hawkish Fed signals
Gold is attempting to stabilize above a critical support zone near the yearly lows after a sharp multi-week selloff drove momentum to its weakest levels in years. Despite briefly probing below key support, sellers have thus far failed to secure a weekly close beneath this region, raising the possibility that a more significant exhaustion low may be forming.
The Canadian Dollar ditches Crude Oil for Gold
Gold heads into the new week at a pivotal support zone after another weak weekly close, with buyers facing a critical test that could determine the next major trend.
Gold prices face pressure after Warsh's first Fed meeting. Hawkish projections, higher yields, and a stronger dollar drive selling.
Precious metals are under pressure as traders prepare for rate hikes.
Gold remains in red for the third straight day, on track for the third consecutive weekly loss, under renewed pressure from Fed's hawkish steer.