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At close · Thu, Oct 8, 2026
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Home›Forex›Major Pairs›Gold rebounds as Oil reverses sharply on positive US-I…

Gold rebounds as Oil reverses sharply on positive US-Iran headlines

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) reverses earlier losses on Tuesday as positive Middle East headlines trigger a sharp pullback in Oil prices, weighing on the US Dollar (USD) and US Treasury yields. At the time of writing, XAU/USD trades around $4,143, recovering from an intraday low of $4,111.

Latest closeGold $4,157.80 ▲0.4%

← Newer storyGold extends losses as rising Oil prices reinforce Fed rate hike bets

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Sources

FXStreetGold rebounds as Oil reverses sharply on positive US-Iran headlines

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