$TRUMP
$XAU Gold Price Now | Gold News Today:
Gold forecast today after remarks by the
Fed Chair
Gold is currently priced at $4,176.67 per ounce (spot contracts, XAU/USD), up $11.27 (+0.27%) from Friday’s close ($4,165.40). Gold futures are at $4,196.80 (+0.38%), trading in a sideways range between $4,165 and $4,185 without breaking through the $4,200 ceiling that repeatedly held gold back last week. Gold is supported by falling oil prices (Brent near $108), lower Treasury yields (the 10-year at 5.069%), and a steady dollar near its lows (index at 101.640). Meanwhile, Asian markets are falling amid concerns about AI funding ahead of a busy week of earnings, and China has surprised with stronger-than-expected growth data. Today’s top gold news includes the anniversary of Black Monday, China’s data, and oil prices.