Gold Holds Above $4,700 as USD Weakness Supports Third Day of Gains

XAU/USD remains near a one-and-a-half-week high amid sustained dollar softness during Thursday's Asian trading session. Gold prices maintained a positive bias for a third consecutive day, trading above $4,700 in the Asian session on Thursday. The move follows sustained wea

XAU/USD remains near a one-and-a-half-week high amid sustained dollar softness during Thursday’s Asian trading session.

Gold prices maintained a positive bias for a third consecutive day, trading above $4,700 in the Asian session on Thursday. The move follows sustained weakness in the USD, which has supported the precious metal’s upward momentum.

The current level is just below a one-and-a-half-week high reached earlier in the week. Prior sessions saw modest gains, with XAU/USD consolidating above key support levels amid broader market focus on currency trends and macroeconomic cues.

No immediate market reaction was specified, though the persistent dollar decline remains a key driver for gold’s near-term outlook.

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