Euro-priced gold is closer to its upper range, driven by global bullion strength rather than a sharp euro-specific move.
Chart range3944 - 4129
Mar 30
3944
Apr 2
4025
Apr 10
4076
Apr 15
4094
Apr 21
4059
Apr 24
4023
Supporting drivers
EUR / USD
1.1712
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.31%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
1.89%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.