How Currency Movements Affect Your Local Gold Price
Gold is priced globally in US dollars, so exchange rate changes can significantly raise or lower the price you pay in your local currency.
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GoldRate Desk
Summaries produced by the GoldRate.info market desk from primary reporting, with sources linked on every article.
Gold price falls as US yields hit highest since 2007
Gold fell over 1% to $4,364 on Tuesday as US Treasury yields rose to their highest since 2007, pressuring the non-yielding metal. The dip came as energy prices gained on stalled US-Iran talks.
Gold range-bound near term, TD Securities sees upside later in 2027
TD Securities sees gold range-bound between $4,200 and $4,500/oz into early 2027, with a sustained rally possible later that year as inflation eases.
Gold retreats after rejection at $4,435 as Middle East tensions simmer
Gold pulls back after failing to break $4,435 resistance. Middle East tensions and Fed rate uncertainty weigh. Wednesday's Fed minutes could decide the next move.
Gold breaks $4,300 resistance, eyes $4,500 next target
Gold has broken through the $4,300 resistance level, according to technical analysis in the latest Gold SWOT report. The next major price threshold is now $4,500.
Gold slips below $4,400 as profit-taking and oil prices weigh
Gold dipped under $4,400 per ounce on Tuesday, reversing earlier gains as profit-taking and a broader metals correction outweighed support from diminished Fed tightening expectations.
Gold and silver slip on MCX as higher oil prices revive rate hike fears
MCX gold and silver prices declined in early trade on Tuesday as a surge in crude oil prices rekindled fears that the Federal Reserve and other central banks may raise interest rates.
Gold edges higher for third session as rate-hike fears ease
Gold extended its gains for a third straight session on Wednesday, supported by easing fears of a US rate hike and a weaker dollar. Investors now await the Federal Reserve’s policy minutes for further direction.
Gold declines on MCX but gains globally as Fed rate hike expectations ease
Gold prices slipped on the Multi Commodity Exchange (MCX) on Tuesday even as international benchmarks extended gains. The divergence came as traders toned down expectations of an aggressive US Federal Reserve rate hike.