$XAU

XAU
XAUUSDT
4,852.29
-0.57%

Gold in XAU/USD terms has just moved through a classic blow-off and crash at record levels. After roughly doubling in 2025, spot gold pushed past $5,000 per ounce for the first time and briefly traded in the $5,400–$5,600 area. Futures then reversed brutally, with the most active contract collapsing to about $4,700 intraday and closing near $4,745, a daily loss of roughly 11–12% or about $600 per ounce. Spot has since oscillated around the $5,000–$5,050 band.

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