Gold moves higher as ceasefire hopes between the U.S. and Iran improve market sentiment, lower oil prices, and support a bullish outlook, with further gains likely if the breakout holds while risks remain if tensions escalate again.
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines 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 eases from three-week top, holds near $4,800 as US-Iran ceasefire pressures USD
Gold reclaimed the $4,250 pivot level and started a fresh increase against the US Dollar. The price cleared the $4,400 and $4,500 resistance levels.
Gold jumps above $4,750 on Trump's Iran strike delay
Gold climbs toward $4,680 as weaker Dollar offsets war anxiety
Silver and platinum moved lower as traders focused on Trump's threats against Iran.
Recent trading sessions in gold have started to show a consistent neutral tone around the $4,600 level, with price changes of just 0.9% over the last three sessions. For now, a short-term indecision bias has taken hold, linked to the cautious sentiment surrounding the Middle East conflict.