Gold Research
Gold hits fresh two-week high, eyes $4,150 on fading Fed hike bets, Iran hopes, soft USD
Gold (XAU/USD) gains strong follow-through traction for the second straight day and rallies to a nearly two-week top, around the $4,141 area during the Asian session on Wednesday.
Gold (XAU/USD) gains strong follow-through traction for the second straight day and rallies to a nearly two-week top, around the $4,141 area during the Asian 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