Gold Research

Gold holds above $4,100 as weak USD counters Fed hike bets amid US-Iran escalation

Gold (XAU/USD) holds above the $4,100 mark during the Asian session on Thursday and, for now, seems to have stalled the previous day's modest pullback from an over two-week high.

Gold (XAU/USD) holds above the $4,100 mark during the Asian session on Thursday and, for now, seems to have stalled the previous day's modest pullback from an over two-week high.

Gold impact rationale

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

  • Source: FXStreet news
  • 2026-07-23
  • rates

Topics: gold news, gold price impact, rates