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Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields

Published Aug 06, 2026 6:36 AM Last refreshed Aug 06, 2026 7:01 AM Source: EODHD Event Time: Aug 06, 2026 6:36 AM
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This market news item includes source data powered by EODHD.

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Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-bulls-target-4-380-buoyed-by-lower-us-yields-202608061036
Published: Aug 06, 2026 6:36 AM

Gold (XAU/USD) consolidates gains after appreciating nearly $200 this week, buoyed by lower US Treasury yields as traders dial down bets of immediate Federal Reserve (Fed) rate hikes.

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.
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