Dollar softness and steadier real yields are keeping dip buyers active. Gold remains expensive, but not euphoric.
Chart range3994 - 4156
Jul 6
4141
Jul 10
4099
Jul 16
3994
Jul 23
4045
Jul 29
4001
Aug 4
4084
Macro context
EUR / USD
1.1554
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.63%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.40%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.
Related guides
Coin value pages