Gold Research
Australian Dollar holds firm despite weak Chinese data, fading RBA rate hike bets
AUD/USD trades around 0.7030 at the time of writing on Friday, little changed on the day after Thursday's strong rally.
AUD/USD trades around 0.7030 at the time of writing on Friday, little changed on the day after Thursday's strong rally.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-07-31
- rates
Topics: gold news, gold price impact, rates