The oldest safe haven. Priced in dollars, pays no interest, and tends to shine when real interest rates fall or fear rises.
Based on front-month COMEX gold futures, which usually trade a few dollars above spot gold. Percentage moves line up closely with a CFD price; exact levels can differ a little.
| 20-day average | 4,334.33 |
| 50-day average | 4,366.27 |
| 200-day average | 4,553.37 |
Price is below its 50-day average, and the 50-day is below the 200-day: the textbook definition of a downtrend. In the shorter term, price is below its 20-day average.
XAU/USD is 18% of the way from its 12-month low to its 12-month high. A typical day covers about $96.44, which is worth knowing before you set a stop: much tighter than that and normal daily noise can take you out.
From front-month COMEX gold futures, which usually trade a few dollars above spot gold. Your broker's CFD price can sit a little above or below these, so treat them as zones rather than exact prices. We tested whether pivots hold more often than random levels: they don't →
| Previous high | 4,222.80 |
| Previous close | 4,202.30 |
| Previous low | 4,169.40 |
| Pivot R1 | 4,226.93 |
| Daily pivot | 4,198.17 |
| Pivot S1 | 4,173.53 |
| This week's open | 4,315.00 |
What usually drives XAU/USD: Real (inflation-adjusted) US yields and the dollar: both rising is usually bad for gold. Central-bank buying and geopolitical scares can override that for long stretches.
| VIX (fear gauge) | 15.31 · normal · +0.44 on the week |
| US 10-year yield | 5.28% · +9bp on the week |
| US dollar index | 101.93 · +0.96 on the week |
What the big speculators hold, from the weekly CFTC Commitments of Traders report.
| Net position (COMEX gold futures) | +218,632 contracts |
| Change on the week | −7,221 |
| Share of open interest | +53.8% |
| Where that sits over 3 years | 56th percentile |
Large speculators are net long as of Tue 29 Sep. COT reports →
Scheduled US data and speeches from the Satdish economic calendar.
No scheduled events in the calendar right now.