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Gold prices stall near $4,200 resistance amid rising yields and Middle East tensions.

Market News
31 Jul 2026
FXEmpire
View Source
Neutral
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Gold prices pulled back from the $4,200 resistance level on Friday, consolidating above $4,000 but below key moving averages. The market remains range-bound between $3,900 and $4,200, influenced by rising 10-year yields at 4.7% and ongoing geopolitical tensions in the Middle East. These factors contribute to volatility and caution among traders, especially heading into the weekend. Short-term trading opportunities persist, but the overall gold market shows no clear breakout direction for now.

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