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Gold rises on softer US Dollar, traders await Trump's address on Iran war

FXStreet 2026-04-01 23:20
Gold rises on softer US Dollar, traders await Trump's address on Iran war

News brief

Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East. Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US…

Why traders care

For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing.

What to watch next

  • Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.

Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East. Gold price rises to around $4,775 in Thursday’s early Asian session, up 2.40% on the day. Trump is scheduled to address the nation on the… Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East. Gold rises on softer US Dollar, traders await Trump's address on Iran war · FundoraPro News

Gold price rises to around $4,775 in Thursday’s early Asian session, up 2.40% on the day. Trump is scheduled to address the nation on the Iran conflict. Traders brace for the US Nonfarm Payrolls report later on Friday. Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East. Nonetheless… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story. Gold rises on softer US Dollar, traders await Trump's address on Iran war · FundoraPro News

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