Gold (XAU/USD) remains under pressure after breaking below its key 200-day moving average for the first time since March 2026. Rising US Treasury real yields and persistent bearish momentum continue to weigh on the precious metal as investors rotate toward yield-bearing assets.
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
Breaking: $4,400 key support broken as Gold drops to two-month low on fresh Iran escalation
Oil dominated the session from start to finish, and the arc of the price action told the story of the day. Prices initially pushed higher after a US official confirmed that American forces had struck an Iranian military site near Bandar Abbas and intercepted four one-way attack drones that had been launched toward a US navy vessel and a commercial ship.
The 4-hour chart of XAU/USD indicates that the price even declined below $4,500, the 100 Simple Moving Average (red, 4 hours), and the 200 Simple Moving Average (green, 4 hours). A low was formed at $4,401, and the price is now consolidating losses.
Gold flatlines near $4,450 on US-Iran uncertainties, US PCE inflation data looms
Gold tested major support near its 200-day moving average before rebounding, raising the possibility that the recent bearish correction may be nearing completion.