Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates 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
A notable shift in tone from Trump administration officials on Tuesday set the stage for a broad risk-on session across Asia-Pacific markets on Wednesday, as growing optimism around a potential US-Iran peace deal sent oil lower, lifted equities and pushed the Australian dollar to a four-year high.
Gold refreshes weekly top, eyes mid-$4,600 as USD weakens on US-Iran peace deal hopes
Gold edges higher above $4,550 on fragile US–Iran ceasefire
Gold remains under bearish pressure after a failed recovery, with price action pointing toward layered support zones as sellers maintain control and resistance continues to cap rallies.
Spot Gold rises to $4,560.10 after Monday's low at $4,501.04 held the value zone, but a firm dollar and elevated yields keep the gold rally capped.
Gold markets gained ground as traders focused on recent developments in the Middle East.
The week continues to unfold, and for now, gold price action has not shown any meaningful changes in the short term. The average variation over the last two sessions reflects a consistent neutral phase, with moves of around 1.5%, which, rather than indicating a clear direction, highlights a dynamic of indecision in price behavior.
Gold: Oil link and Chinese demand in focus – Commerzbank