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Gold Price Forecast: XAU/USD Holds 4,000 Ahead of FOMC Minutes as US Debt Forces Central Banks to Increase Gold Focus
Gold started the second half of 2026 with renewed strength, recovering above the key $4,000 level as a weaker US dollar outweighed rising Treasury yields ahead of this week’s closely watched FOMC meeting minutes. Gold Recovers Above Critical Technical Support: Gold prices opened July on a stronger note after recovering from an early selloff that briefly pushed XAU/USD below the psychologically important $4,000 level. The rebound marks a positive start to both the new month and the second half of 2026 following a prolonged downtrend that has weighed on bullion since January. Although gold remains below its earlier ... (full story)
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Spot Gold (XAUUSD) closed at $4,175.70 for the week ending July 3, up $87.31 or +2.14%. The weekly high reached $4,195.51. Gold sold off early in the week before Thursday’s June payrolls data reversed the action and produced the first weekly gain in about a month. Gold has been selling since the January highs with inflation fears and a hawkish Fed keeping ...
From investinglive.com | 5 hr ago
Goldman's revised central-bank demand model, which lifted its estimated purchases to roughly 60 tonnes a month through 2026 from an earlier 29-tonne pace, gives the bullish case a firmer structural anchor even after the bank trimmed its year-end target by $500 in June. The dispersion across Wall Street, from BofA's more cautious $4,800 to JPMorgan's $6,000 ...
From au.finance.yahoo.com | 9 hr ago
Gold prices seemed to be mounting a comeback, but JPMorgan just made the rally harder to trust. Investors expected the shiny yellow metal to continue pushing higher into year's end, buoyed by rate-cut hopes, central-bank buying, and safe-haven demand. Reuters reported that spot gold was up over 2% for the week, even as JPMorgan recently expected a much ...
