Gold Research
Gold holds above $4,050 amid receding Fed hike bets; USD recovery caps gains
Gold (XAU/USD) continues with its struggle to gain any meaningful traction, though it manages to hold above $4,050 through the first half of the European session on Monday.
Gold (XAU/USD) continues with its struggle to gain any meaningful traction, though it manages to hold above $4,050 through the first half of the European session on Monday.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-08-03
- rates
Topics: gold news, gold price impact, rates