Sterling gold remains resilient, with physical buying adding support whenever the market backs off headline highs.
Chart range3466 - 3504
1:05 PM
3491
9:50 PM
3491
1:35 AM
3482
5:20 AM
3497
9:00 AM
3489
12:45 PM
3484
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.