Gold Research
Gold stands firm above $4,400; inflation-driven Fed hike bets support USD and cap gains
Gold (XAU/USD) scales higher for the third consecutive day – also marking the fifth day of a positive move in the previous six – and climbs to its highest level since June 5, around the $4,435 area during the Asian session on Tuesday.
Gold (XAU/USD) scales higher for the third consecutive day – also marking the fifth day of a positive move in the previous six – and climbs to its highest level since June 5, around the $4,435 area during the Asian session on Tuesday.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-08-11
- rates
Topics: gold news, gold price impact, rates