Sterling gold remains resilient, with physical buying adding support whenever the market backs off headline highs.
Chart range3466 - 3504
3:05 PM
3491
10:20 PM
3473
2:35 AM
3488
6:40 AM
3492
10:50 AM
3490
2:55 PM
3476
Supporting drivers
EUR / USD
1.1749
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.