The gold price potentially reflects a holiday-impacted market with volatility easing across many asset classes. AUD/USD took a hit though when the RBA decided not to hike rates.
Source
Gold Price Steadies with US Dollar Sidelined but an RBA Pause Sinks AUD/USD
![](http://forex.weraven.com/wp-content/uploads/2023/06/hand-showing-growth-graph-scaled.jpg)