Gold price prediction today: Will gold prices stay range-bound in the current scenario? Check August 4, 2026 outlook

Newspoint
Gold price prediction today: Gold prices will continue to be influenced by US-Iran talks and macroeconomic data in America which would likely provide direction to the Federal Reserve on its rate decisions, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Performance:

  • On August 3, despite a sharp decline in oil prices, spot gold traded in a range of $4019-$4084; bulls remained cautious as a crucial week unfolds.
  • In the week ending July 31, spot gold closed with a loss of 0.2% at $4043. At the time of writing this article on August 3, the yellow metal was trading with a loss of 0.15% at $4036.
Hero Image