Dollar softness and steadier real yields are keeping dip buyers active. Gold remains expensive, but not euphoric.
Chart range3994 - 4336
Jul 9
4130
Jul 15
4062
Jul 21
4052
Jul 28
4022
Aug 3
4028
Aug 7
4336
Macro context
EUR / USD
1.1535
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.65%
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