Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Monday May 11 2026 02:52
3 min
Gold Price Today: Gold (XAU/USD) is trading around $4,695 on Monday, May 11, 2026, remaining close to all-time highs.
The metal opened near $4,710 in Asian trading before experiencing modest profit-taking, consolidating within a $4,675–$4,720 range. Despite the slight retreat, gold continues to show strong resilience backed by solid structural demand.Central bank buying remains a dominant force in the market.
Many institutions, particularly in emerging economies, continue to accumulate gold reserves as part of a long-term strategy to diversify away from traditional currencies and strengthen their financial positions amid global risks.
Safe-haven demand has picked up noticeably as investors seek protection amid ongoing geopolitical tensions and elevated global debt levels. With persistent worries over inflation and currency stability, both institutional and retail participants are turning to gold as a trusted store of value.
This dual support from official sector buying and private investment flows has helped the metal maintain its elevated trading levels.The broader macroeconomic backdrop remains favorable for gold. Expectations of future monetary policy easing, combined with questions surrounding long-term fiat currency strength, continue to enhance gold’s appeal as a portfolio hedge.
Wealth managers are increasingly recommending allocations to gold, viewing prices near $4,695 as strategically sound rather than overheated.
source: tradingview
In the near term, gold price movements will likely be driven by geopolitical developments, U.S. dollar fluctuations, and upcoming economic data. However, the combination of consistent central bank accumulation and investor safe-haven buying suggests the metal is well-supported for continued strength.
At $4,695, gold continues to demonstrate its enduring role as a core asset in sophisticated portfolios during times of global uncertainty.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
Latest
View all
Thursday, 23 July 2026
6 min
Thursday, 23 July 2026
3 min
Thursday, 23 July 2026
4 min
Thursday, 23 July 2026
Indices
Gold Price Today, July 24: Gold Slips to $4,043 as Dollar and Yields Rise
Thursday, 23 July 2026
Indices
South Korea Tightens Rules on Single-Stock Leveraged ETFs, Raises Cash Requirement to KRW 30 Million from July 31
Thursday, 23 July 2026
Indices
Intel Q2 Revenue Jumps 25% on AI Demand, Beats Estimates as Strong Q3 Outlook Lifts Shares
Thursday, 23 July 2026
Indices
Crypto Prices Today July 24: Bitcoin Steadies Near $65K as ETF Demand Counters Geopolitical Uncertainty
Thursday, 23 July 2026
Indices
Oil Price News Today: Brent Slips Below $100 as Traders Weigh US-Iran Tensions
Thursday, 23 July 2026
Indices
US Treasury Says Yen Is Deeply Undervalued, Urges Bank of Japan to Continue Rate Hikes
EN
