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XAU/USD Price forecast: Gold extends rally as Middle East concerns intensify

XAU/USD Price forecast: Gold extends rally as Middle East concerns intensify
Date: 22.07.2026  |  Source: fxstreet.com
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Quotes

Instrument Price Change (%)
EURUSD 1.141550 +0.15376%
GBPUSD 1.337610 +0.005233%
USDJPY 163.142000 -0.001226%
XAUUSD 4136.625000 +1.45438%
USDCAD 1.408230 -0.1758%
NZDUSD 0.582000 -0.050764%
USDCHF 0.814480 +0.25109%
AUDUSD 0.699780 -0.01286%
EURGBP 0.853140 +0.14321%
EURJPY 186.180000 +0.10754%
GBPJPY 218.227000 +0.007791%
AUDJPY 114.165000 -0.009634%
CADJPY 115.850000 +0.20673%
CHFJPY 200.303000 -0.19681%
NZDJPY 94.898000 -0.15887%
GBPCHF 1.089440 +0.20603%
EURCHF 0.929460 +0.34114%
USDMXN 17.393880 -0.098329%
USDZAR 16.389780 -0.41148%
USDTRY 47.209500 +0.10433%
USDRUB 78.485000 +0.16566%
USDSEK 9.693900 +0.022911%
USDCNY 6.772000 +0.10199%

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Time Country Event Forecast Previous
23.07.2026
12:15 🇪🇺 Deposit Facility Rate (Jul) 2.25 2.25
12:15 🇪🇺 Interest Rate Decision (Jul) 2.4 2.4
12:45 🇪🇺 ECB Press Conference
23:30 🇯🇵 Inflation Rate YoY (Jun) 1.7 1.5
24.07.2026
06:00 🇩🇪 Consumer Confidence (Aug) -28.5 -29.2
06:00 🇬🇧 Retail Sales MoM (Jun) -0.3 1.2
07:30 🇩🇪 S&P Global Manufacturing PMI (Jul) 50.5 50.3
08:30 🇬🇧 S&P Global Manufacturing PMI (Jul) 52 52.5
08:30 🇬🇧 S&P Global Services PMI (Jul) 49.4 48.8
27.07.2026
08:00 🇩🇪 Ifo Business Climate (Jul) 85.1 85.6