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20 Aug 2026 · 13:56 GMT+3

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

Gold price (XAU/USD) is down 0.7% to near $4,490 in the European trading session on Thursday. The precious metal retreats from its 11-week high of $4,527 posted earlier in the day. The yellow metal comes under pressure as United States (US) Treasury Yields claw back some of Wednesday’s losses.

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