Gold edges higher amid subdued USD demand

FXStreet··Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Gold prices edged higher during the Asian session on Wednesday, snapping a two-day losing streak after falling to sub-$4,100 levels the previous day. The uptick was driven by subdued US dollar demand, though hawkish Federal Reserve expectations and US-Iran tensions are likely to cap further gains.

Impact on assets 1

Others▲ · 1 stocks
⛏Gold Futures
GOLD
▲ PositiveDemandrelevance

Gold futures prices edged higher due to subdued US dollar demand.

© 2026 MarketIVNews