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Gold

Commodity
XAU/USD
2,310.19
-2.93%

Simulated chart for educational purposes — not real market data.

OverviewGold

Gold is the world's oldest store of value. Traders quote it against the US dollar as XAU/USD — the price of one ounce of gold in dollars.

How it works

Gold is traded 24/5 on global spot and futures markets. Investors buy it as a hedge against inflation, weak currencies, and uncertainty. When fear rises, money rotates into gold; when risk appetite returns, it often cools off.

Key factors

US Dollar strength
Gold is priced in USD — a stronger dollar usually pushes gold down, and vice versa.
Real interest rates
When real yields fall, gold becomes more attractive vs. holding cash or bonds.
Inflation expectations
Higher expected inflation lifts demand for gold as a hedge.
Geopolitics & risk
Wars, banking stress, and crises typically drive safe-haven flows into gold.
Central bank buying
Reserve diversification by central banks creates structural demand.

What to watch

  • US CPI and PCE inflation reports
  • Federal Reserve rate decisions and dot plot
  • 10-year US real yields (TIPS)
  • DXY (US Dollar Index)
  • Major geopolitical headlines