Sterling gold remains resilient, with physical buying adding support whenever the market backs off headline highs.
Chart range3084 - 3355
7:35 AM
3084
12:20 PM
3256
5:10 PM
3262
9:55 PM
3285
2:45 AM
3248
7:30 AM
3287
Supporting drivers
EUR / USD
1.1596
FX translation changes what non-USD investors actually pay for gold, even when XAU/USD is steady.
U.S. 10Y
4.34%
Nominal Treasury yields frame the opportunity cost of holding non-yielding bullion.
10Y real yield
2.01%
Inflation-adjusted rates are one of the clearest macro pressure points for gold demand.