The ongoing US-Iran ceasefire amid Iran-Israel tensions allowed gold and silver to focus on technical recoveries. Gold rebounded off $4,345 channel support while silver traded at $70.22.
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
Gold: Rising central bank demand and de-dollarization – Rabobank
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold consolidates above $4,300 as traders look to Fed rate decision for fresh impetus
Gold (XAUUSD) has completed its cycle from the April 17 peak and is now positioned for a corrective rally in three waves. The decline from that peak ended at $4025, which marked the completion of wave ((W)).
Gold holds gains above $4,300 on hopes of US–Iran peace deal, eyes on Fed rate decision
Gold rebounds above the 10-day moving average after a bullish reversal from key support, now approaching major resistance near the 200-day moving average at $4,459.
Gold prices rise as lower oil prices ease Fed rate hike fears. See key XAU/USD levels and how Warsh's comments could shape gold's outlook.