Oil and Gold: Price review for the week ahead
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
Gold and silver prices rebound as the weaker US dollar improves demand, while upcoming employment data and key resistance levels may determine the next move.
Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets
Diplomatic developments around the Strait of Hormuz dominated the session, with the narrative refining as the day progressed. Early reports suggested Iran and Oman had largely agreed on the mechanics of reopening the strait, with Iran set to manage inbound traffic and Oman handling outbound shipping alongside a proposed service fee, though later reports cautioned that a final agreement had not yet been reached.
Gold Price Forecast: XAU/USD eyes acceptance above $4,150 amid Hormuz deal hopes
Gold edges lower below $4,100 as markets focus on US-Iran talks
Gold is showing early signs of renewed strength as it holds above the 20-day moving average, with $4,166 and $4,203 defining key resistance.