Dollar softness and steadier real yields are keeping dip buyers active. Gold remains expensive, but not euphoric.
Chart range3913 - 4743
May 5
4577
Jun 10
4171
Jul 15
4062
Aug 20
4483
Sep 25
4261
Oct 30
3913
Macro context
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.
Related guides
Coin value pages