Dollar softness and steadier real yields are keeping dip buyers active. Gold remains expensive, but not euphoric.
Chart range3994 - 5017
Mar 17
5017
Apr 23
4719
Jun 1
4449
Jul 6
4141
Aug 10
4324
Sep 15
4296
Macro context
EUR / USD
1.1537
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
5.00%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.62%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.
Related guides
Coin value pages