Skip to main content
BTC / USDT——ETH / USDT——SOL / USDT——BNB / USDT——XRP / USDT——DOGE / USDT——TON / USDT——AVAX / USDT——LINK / USDT——ADA / USDT——TRX / USDT——DOT / USDT——BTC / USDT——ETH / USDT——SOL / USDT——BNB / USDT——XRP / USDT——DOGE / USDT——TON / USDT——AVAX / USDT——LINK / USDT——ADA / USDT——TRX / USDT——DOT / USDT——
Pricing
macroAug 13, 2026, 3:45 AM

Gold Pulls Back from June 5 High as Fed Rate-Hike Bets Lift Dollar

Gold retreated from its strongest level since June 5 on Thursday, trading near the lower end of its daily range as oil-driven Federal Reserve rate-hike expectations supported the US dollar.

XAUUSD

Gold (XAU/USD) touched a fresh high since June 5 near the $4,450 area during the Asian session before losing ground. The metal was last trading near the lower end of its daily range.

The pullback came as oil-driven expectations for further Federal Reserve rate hikes underpinned the US dollar, adding pressure on dollar-denominated gold.

Source: FXStreet Forex News