Gold Research
Gold extends gains to one-month top as traders pare Fed rate hike bets on Iran hopes
Gold (XAU/USD) builds on its strong intraday positive move and jumps to a nearly one-month high around $4,180 heading into the European session on Wednesday.
Gold (XAU/USD) builds on its strong intraday positive move and jumps to a nearly one-month high around $4,180 heading into the European session on Wednesday.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-08-05
- rates
Topics: gold news, gold price impact, rates