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Gold's Correction May Be Far From Over
Razan Hilal, FOREX.com Market Analyst, examines whether the latest correction in Gold and Silver prices is creating a buying.
Date:
11.06.2026 |
Source:
forex.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.155080 | +0.1309% |
| GBPUSD | 1.338940 | +0.16158% |
| USDJPY | 160.097000 | -0.22871% |
| XAUUSD | 4153.865000 | +2.01006% |
| USDCAD | 1.398220 | +0.2869% |
| NZDUSD | 0.581570 | +0.3347% |
| USDCHF | 0.797590 | -0.18896% |
| AUDUSD | 0.702760 | +0.4402% |
| EURGBP | 0.862620 | -0.011591% |
| EURJPY | 184.916000 | -0.11344% |
| GBPJPY | 214.355000 | -0.083902% |
| AUDJPY | 112.504000 | +0.212% |
| CADJPY | 114.509000 | -0.4858% |
| CHFJPY | 200.708000 | -0.024408% |
| NZDJPY | 93.105000 | +0.16676% |
| GBPCHF | 1.067930 | -0.02434% |
| EURCHF | 0.921270 | -0.10085% |
| USDMXN | 17.319950 | -0.60286% |
| USDZAR | 16.357020 | -1.02011% |
| USDTRY | 46.146900 | +0.044877% |
| USDRUB | 72.240000 | -0.013841% |
| USDSEK | 9.478850 | -0.23754% |
| USDCNY | 6.775500 | +0.022143% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 12.06.2026 | ||||
| 06:00 | 🇬🇧 | Gross Domestic Product MoM (Apr) | -0.1 | 0.3 |
| 14:00 | 🇺🇸 | Michigan Consumer Sentiment (Jun) | 46 | 44.8 |
| 16.06.2026 | ||||
| 02:00 | Industrial Production YoY (May) | 4.2 | 4.1 | |
| 02:00 | Retail Sales YoY (May) | 0 | 0.2 | |
| 03:00 | 🇯🇵 | BoJ Interest Rate Decision | 1 | 0.75 |
| 04:30 | 🇦🇺 | Interest Rate Decision (Jun) | 4.35 | |
| 09:00 | 🇩🇪 | ZEW Economic Sentiment Index (Jun) | -16 | -10.2 |
| 12:30 | 🇺🇸 | Building Permits (May) | 1.41 | 1.423 |
| 12:30 | 🇺🇸 | Housing Starts (May) | 1.44 | 1.465 |
| 23:50 | 🇯🇵 | Balance of Trade (May) | -200 | 301.9 |