Latest Gold Price Update Today

Latest Gold Price Update Today

By Tobiloba Trades | TheTradingPlaybook | 12 Oct 2025


Hello everyone, let's take a look at XAUUSD !

Gold has just experienced an incredible surge, briefly reaching 4059 USD, setting a new historic high. This recent upward movement continues to be supported by the ongoing US government shutdown and various geopolitical uncertainties, which have pushed the price of this precious metal to new heights.

From a technical perspective, at the time of writing, XAUUSD is experiencing a slight pullback. However, the most favorable path remains upward, and there are no signs yet of a deep correction threatening the precious metal. Any short-term correction is seen as a buying opportunity, especially as gold remains a safe haven. The next target is 4100 USD.

Do you think this will happen?

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