Gold: Medium-term risks from CTA flows – TD Securities
Gold rebounds from year-to-date lows as Trump delays Iran energy strikes
Gold rebounded on a TACO-driven de-escalation after testing key support near 4,000, as a sudden shift in US policy stance halted the sharp selloff. Prices had earlier dropped to 4,098.54, putting the psychological 4,000 level at risk before recovering on headlines pointing to a temporary pause in escalation.
The US dollar quickly recovered from the blow it took from central banks. The greenback recouped most of its losses against the majors.
Gold: Near term capped, medium term constructive – OCBC
Gold: Technical support tested as liquidation continues – MUFG
Gold and the Dow Jones, alongside precious metals and US indices, are facing steep drawdown risks under hawkish central bank policies and weakening market sentiment as the Middle East conflict escalates further. Such drawdowns often offer long-term dip buying opportunities, with current market risks pointing back toward 2024 highs.
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