Sterling gold remains resilient, with physical buying adding support whenever the market backs off headline highs.
Chart range2999 - 3044
2:45 AM
3041
6:35 AM
3043
10:30 AM
3020
2:20 PM
3004
6:15 PM
3018
2:40 AM
3014
Supporting drivers
EUR / USD
1.1485
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.75%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.47%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.