Euro-priced gold is closer to its upper range, driven by global bullion strength rather than a sharp euro-specific move.
Chart range3643 - 3846
Sep 1
3756
Sep 7
3788
Sep 11
3784
Sep 17
3805
Sep 23
3755
Sep 29
3667
Supporting drivers
EUR / USD
1.1355
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
5.26%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.91%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.