Dollar softness and steadier real yields are keeping dip buyers active. Gold remains expensive, but not euphoric.
Chart range3994 - 4383
Jul 13
4040
Jul 17
3995
Jul 23
4045
Jul 30
4111
Aug 5
4207
Aug 11
4383
Macro context
EUR / USD
1.1540
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.70%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.43%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.
Related guides
Coin value pages