Gold Research

Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets - FXStreet

Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets FXStreet

Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets FXStreet

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: FXStreet
  • 2026-08-05
  • gold_price_action
  • rates

Topics: gold news, gold price impact, gold_price_action, rates