Sterling gold remains resilient, with physical buying adding support whenever the market backs off headline highs.
Chart range2892 - 2893
12:05 AM
2892
5:10 AM
2893
8:10 AM
2893
12:05 PM
2893
6:05 PM
2893
11:35 PM
2893
Supporting drivers
EUR / USD
1.1172
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.94%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.60%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.