We Teach Trading — Zero Tips, Zero Advice, Zero Recommendations. Not registered with SEBI or any financial regulator worldwide.
Nictick is a 24x7 global market news platform covering stocks, F&O, forex, crypto and commodities in fast, impact-tagged items built for a 10-second read.
Every Precious Metals / Gold flash in Commodity on Nictick — factual global business news, filtered through the NIC lens.
5 posts
Gold moved back above $4,050 Monday after the US said peace talks with Iran will resume, pulling oil lower. Bitcoin traded near $63,700, with recent rallies stalling near $65,500. Markets are pricing roughly 65% odds of a September Fed rate hike ahead of Aug 12 US inflation data.
Gold has broken below $4,000 per ounce once in 2026, on June 24-26. Spot touched near $3,960, the first trade under that level since November 2025 and about 29% below January's record near $5,597. A firmer dollar and rate expectations accompanied the move before price steadied around $4,000.
Gold is trading near 4,030 dollars after easing from 4,070, absorbing a sharp two-session decline as oil surges and US rate expectations firm up. Price remains above the 4,000 mark with volatility contracting. Sellers pushed, the level held. The chart is quiet. Quiet is data too.
XAUUSD closed the week near 4,050 and stays shut until Monday. PAXG, backed by one fine troy ounce of vaulted gold, kept printing near 4,040 through Saturday. Same metal behind both. Two different clocks. Weekend price discovery moves on chain while the spot desk sleeps. Only the wrapper changes.
Spot gold slips 0.9% to $4,091 after touching a two-week high of $4,165.87 on Wednesday. Rising oil prices from Gulf supply disruption lift inflation expectations, with September Fed rate hike odds near 78% on CME FedWatch, up from 68%. Silver drops 1.4%, platinum and palladium also trade lower.
