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
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold consolidates around $4,500 amid Middle East developments, firmer USD
The 4-hour chart of XAU/USD indicates that the price was able to climb above the 23.6% Fib retracement level of the downward move from the $5,419 swing high to the $4,098 low. However, the price is still well below the 100 Simple Moving Average (red, 4 hours) and the 200 Simple Moving Average (green, 4 hours).
Putin banned the export of gold bars weighing over 100 grams from the Russian Federation. As of May 1 2026.
Gold rebounds after a sharp selloff, testing key resistance levels as traders watch moving averages and trend channels to determine whether recovery can extend or fade.
Gold rallies on hopes for US-Iran talks and falling US Treasury yields
Silver and platinum are also moving higher in today's trading session.