Gold prices recovered to trade above $4,100 on July 10 as traders assessed US-Iran geopolitical risks. By July 15, the market consolidated above $4,000 an ounce despite failing to break through resistance at $4,100. However, gold fell below the $4,000 level on July 17, marking its first daily close below this threshold since November 2025.
Gold prices fell below the $4000 psychological threshold, marking the first decisive daily close below this key level in over eight months.
Read the full storyThe gold market is holding firm above key support levels despite facing significant technical resistance at $4,100 per ounce.
Gold prices rebounded above the $4,100 threshold as investors reassess risk premiums and safe-haven demand following recent volatility.