Sterling gold remains resilient, with physical buying adding support whenever the market backs off headline highs.
Chart range3115 - 3157
4:00 AM
3133
7:40 AM
3115
11:20 AM
3139
3:00 PM
3136
6:40 PM
3154
3:55 AM
3148
Supporting drivers
EUR / USD
1.1567
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.48%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.17%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.