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Gold Forecast for June 2026: XAU/USD Tests Key Support as High Rates Weigh on Buyers
Nonetheless, we are approaching an area of demand near the $4,500 level, and I think that will be the area to watch, followed by the $4,200 level for the month of June. Quite frankly, if we can get some interest rate relief during the month of June, then it's possible that we might be able to see the XAU/USD pair rally a bit. That being said, I would also point out that this is a market that, given enough time, I think will have to make a bigger decision as far as where to go longer term. The markets continue to be very difficult at times, and I do believe that you have to look at this through the prism of a market ... (full story)
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From exchangerates.org.uk | May 29, 2026
Gold prices have staged a modest recovery after a volatile month, with spot gold (XAU/USD) climbing back above $4,500/oz. Despite recent weakness, analysts at RBC Capital Markets believe the pullback may ultimately prove to be an attractive entry point for long-term investors. XAU/USD traded at $4,529 on Thursday, up 0.78% on the day, after rebounding from ...
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