
Gold pares gains, remaining close to recent highs, as Treasury buybacks weigh on US Dollar
Gold pares gains, remaining close to recent highs, as Treasury buybacks weigh on US Dollar
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Gold pares gains, remaining close to recent highs, as Treasury buybacks weigh on US Dollar

EUR/USD is rising strongly and there's little to limit the euro's gains currently. But how far can this go on and what are the risks?

Euro: Benefits from US Dollar weakness – DBS

Silver gives back some gains as US yields rebound
![US treasury bond surprise drives Gold and EUR/USD higher. Crude Oil elevated [Video]](https://static.pipvero.com/pipvero/uploads/2026-08/general-1-1787224423-e40b8e66ea914988.webp)
US treasury bond surprise drives Gold and EUR/USD higher. Crude Oil elevated [Video]

1.1700: Euro hits three-month highs as US Bond buyback plan crushes the US Dollar

Gold Price Forecast: XAU/USD corrects below $4,500 as Yields recover some losses

The Euro paused below 1.1700 as the US Dollar steadied, but softer Fed rate expectations kept EUR/USD close to its strongest August levels. The Euro consolidated near 1.17 on Thursday as traders balanced a tentative US Dollar recovery against a sharp reduction in expectations for further Federal Reserve tightening.

Euro: Upside bias targets 1.1725 against US Dollar – UOB

Gold Soars, Dollar collapsed

Gold is easing slightly after rallying 4% in the previous session to a two-month high, following a U.S. Treasury announcement aimed at supporting long-duration bonds that weakened the dollar and pulled Treasury yields lower.

The Gold price pares gains after testing its strongest level since June as hawkish Federal Reserve minutes checked the rally sparked by lower Treasury yields. Gold prices retreated on Thursday after coming within around $20 of June's high, with traders taking profits following the previous session's surge.

Silver price today: Silver falls, according to FXStreet data

XAUUSD pushing higher Gold (XAUUSD) had a day to remember after jumping over $100 in value. The yellow metal has secured a foothold around the psychological level of 4500, and a tentative break here would suggest further buying pressure.

EUR/USD Price Forecast: Doubling US bond-buying plan opens way for 1.1800