Gold Research
Gold pulls back from June 5 high, slides below $4,400 amid inflation-driven Fed hike bets
Gold (XAU/USD) retreats from its highest level since June 5, touched earlier this Tuesday, and slides back below the $4,400 mark heading into the European session.
Gold (XAU/USD) retreats from its highest level since June 5, touched earlier this Tuesday, and slides back below the $4,400 mark heading into the European session.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-08-11
- rates
- gold_price_action
Topics: gold news, gold price impact, rates, gold_price_action