As the XAU/USD chart indicates, today, shortly after the start of the trading week, gold fell below $4,150 (the low of the year). The last time prices were at this level was in early December 2025, before the rally towards the all-time high.
Gold price extended losses below $4,500 before the bulls appeared. WTI Crude oil prices are rising and could climb further higher toward $105.00.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
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
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold remains heavily offered, eyes YTD low amid hawkish central banks
With war breaking out in the Middle East and an energy crisis ongoing, global economic uncertainty has been through the roof these days. So why has gold been crashing?
Gold falls to near $4,450 as inflation fears and rate hike prospects weigh on demand
The catalyst event for the rally in gold was notable, as it was a comment from Austan Goolsbee in February of 2024 that showed that the Fed was looking to cut rates even though inflation remained high. At the time, gold was still working to confirm it's rally above the $2k level, and there were two days in 2024 where spot gold actually closed below that line in the sand.