XAUUSDGold (XAU/USD)
4,523.50
+1.71%
SUPPORT:44674411
RESISTANCE:45804636
Past
What happened
Gold rebounded to $4,523 (+1.71%) as US strikes on Iran reignited the safe-haven bid after two sessions of ceasefire-driven selling. Silver led the precious metals complex higher with a +1.90% move.
Why
Why it matters
The Iran story is a two-sided coin flip and gold remains the cleanest hedge for both inflation tail-risk (if oil spikes) and stagflation (if growth slows). Fed cut bets keep real yields contained.
Watch
What to watch
Friday PCE inflation print is the binary catalyst — hot reading hits gold via real yields, cool print extends the rally. Support $4,450; resistance $4,580 then prior high $4,650.
HEADLINES
- Gold prices today, Thursday, May 28: U.S. strikes in Iran sending gold prices lower this morningYahoo Personal Finance
- Cerrado Gold Inc (CRDOF) Q1 2026 Earnings Call Highlights: Record Cash Flows and Strategic ...GuruFocus.com
- Royal Gold’s Hod Maden Restructuring and Dividend Move Might Change The Case For Investing In Royal Gold (RGLD)Simply Wall St.
- National Bank of Canada Initiates Coverage on Rio2 With a Focus on Fenix, Condestable MinesMT Newswires
- TSX Closer: The Index Closes Higher For The First Time Since Monday's Record CloseMT Newswires