Gold rises over 1% as US Treasury buyback announcement looms
Gold rose more than 1% on Wednesday, supported by the US Treasury's announcement of a bond buyback for September 10, even as the US Dollar clawed back some losses and yields edged higher.
Gold Market
Tagged: xau/usd
Gold rebounds from one-week low as dollar softens, upside capped
Gold rebounds from a one-week low near $4,340 as the US dollar weakens. However, expectations of further rate hikes and rising geopolitical tensions cap the upside ahead of US inflation data.
Gold correction tests $4,280 support after failing at $4,700
Gold reversed from the $4,700 area and corrected to $4,280 before bouncing. A bearish trend line at $4,480 now caps the recovery attempt.
Gold steadies above $4,300 but rate-hike expectations weigh
Gold has climbed back above $4,300 after a sharp 2.7% fall, helped by a pullback in Treasury yields, though rising Fed rate-hike bets and a firmer dollar cap the rebound.
Gold rally shows early signs of cooling after sellers step in near $4,700
Gold price stalled near $4,700 after a strong rally from $4,300. Sellers have appeared, with immediate support at $4,465 and a possible test of $4,510.
Gold pulls back from 15-week high but bullish structure holds
Gold pulled back sharply from a 15-week high of $4,697 on Tuesday, weighed by a stronger US dollar and rising oil prices amid geopolitical tensions. However, technical indicators and robust physical demand suggest the bullish trend may persist.
Gold hits $4,680 as dollar slides on US political turmoil
Gold briefly rose above $4,680, its highest since mid-May, as the US dollar weakened on political turmoil. Technical indicators suggest the bullish trend remains intact.
Gold price hits fresh high since mid-May above $4,650
Gold rose above $4,650 on Monday, its highest since mid-May. Lower US bond yields and a softer dollar, as expectations for a Fed rate hike fade, underpin the move.
Gold jumps 4.35% in biggest daily gain since February 2026
Gold rose 4.35% on 19 August, its biggest daily gain since February. The rally reflects traders pricing in US dollar debasement risk, not lower bond yields.