Gold edges higher as USD rally pauses, US-Iran conflict supports demand | FXStreet

Gold (XAU/USD) edges higher on Wednesday, recovering part of the previous day’s sharp decline as the US Dollar (USD) takes a breather after two days of solid gains. Meanwhile, ongoing geopolitical ...

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Gold edges higher as USD rally pauses, US-Iran conflict supports demand | FXStreet

Source: FXStreet

Gold (XAU/USD) edges higher on Wednesday, recovering part of the previous day’s sharp decline as the US Dollar (USD) takes a breather after two days of solid gains. Meanwhile, ongoing geopolitical tensions surrounding the US-Iran war keep safe-haven demand in play, helping cushion the downside.