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Yahoo FinanceAug 31, 08:59 EDT

Gold (XAUUSD) Slips on Fed Hike Bets & Middle East Tensions; Oil (BRENT) Rallies

Gold prices are pressured by rising Middle East tensions and expected Federal Reserve interest rate hikes. The geopolitical conflict is simultaneously driving up oil prices.

XAUUSD BRENT

Trading EconomicsMay 15, 17:25 EDT

Gold Tumbles 2.37% Below $4,500 Level—Key Support Breached

Gold prices fell below the $4,500 level, marking a 2.37% decline in CFD trading, signaling weakening demand and potential bearish momentum.

XAUUSD

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7-day sentiment overview

Average AI scores from −3 to +3. These are sentiment scores, not price returns or trade instructions.

Most positive

USDCHF2.0 · 1 stories
BRENT1.64 · 387 stories
WTI1.49 · 447 stories
XOM1.44 · 166 stories
AAPL1.07 · 127 stories

Most negative

NZDUSD-1.6 · 5 stories
XAGUSD-1.04 · 47 stories
EURUSD-0.96 · 69 stories
US100-0.89 · 372 stories
US500-0.8 · 565 stories