Medium Impact XAUUSD XAU Gold

Gold Price Forecast: XAU/USD approaches $4.500 amid US Dollar’s weakness

Published Jun 04, 2026 7:58 AM Last refreshed Jul 29, 2026 11:03 AM Source: EODHD Event Time: Jun 04, 2026 7:58 AM
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Gold Price Forecast: XAU/USD approaches $4.500 amid US Dollar’s weakness

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-approaches-4500-amid-us-dollars-weakness-202606041158
Published: Jun 04, 2026 7:58 AM

Gold (XAU/USD) trades higher on Thursday and has reached session highs above $4,490, after bouncing from $4,425 lows earlier on the day.

Market context: This update is relevant to gold traders, with XAUUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.