Daily market update
Gold holds near record highs amid dollar weakness and central bank demand
Gold prices remain elevated as a softer US dollar, persistent central bank buying from China and Poland, and ongoing geopolitical uncertainty continue to underpin demand. Markets are watching Federal Reserve commentary closely for signals on the pace of rate adjustments.
Key market drivers today
US DollarSoft
Real RatesFalling
Central BanksNet buyers
Geopolitical RiskElevated
What to watch
- US dollar index softening supports gold in USD terms
- Central bank purchases from China, India and Poland remain a structural tailwind
- Geopolitical risk premium intact across Middle East and Eastern Europe
- ETF inflows turning positive after months of outflows
- Fed rate trajectory still uncertain — real yields a key watch
Live gold prices
Check the current gold price and how it is moving across major markets.