Gold Price Forecast: XAU/USD holds gains above $4,700 amid US Dollar weakness
These moves come as US–Iran peace proposals remain misaligned, prompting renewed escalation in the Hormuz Strait and across the region. As a result, both geopolitical developments and technical structures are driving potential breakout and reversal scenarios across markets.
South Africa Net $Gold & Forex Reserve up to $73.757B in April from previous $73.187B
South Africa Gross $Gold & Forex Reserve fell from previous $77.759B to $77.09B in April
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 holds above $4,700, close to two-week top as USD bulls seem hesitant ahead of US NFP
Gold advanced 5% in past three sessions and hit two-week high on Thursday, as fresh waves of optimism about potential end of US-Iran war revived risk appetite and deflated prices of crude oil and dollar.