Gold Price — XAU/USD spot, live
As of 2026-06-06 17:55 UTC (market closed; last traded price), Gold (XAU/USD spot, per troy ounce) is $4,330.11, down 3.24% in its last session, trading below its 50-day average (4,633.54) and below its 200-day average (4,570.83). Source: FMP.
90-day daily close history. 52-week range $3,244.42 – $5,602.23. Price is XAU/USD spot (US dollars per troy ounce).
What gold tells an FX trader
Gold is the market's purest read on the dollar's real value and on systemic risk, which makes it a standing reference for FX. It is priced in dollars, so a weaker dollar mechanically lifts the gold price and a stronger dollar weighs on it — gold and the DXY dollar index usually move inversely. When that inverse relationship breaks (both rising together), it is a tell that something bigger — safe-haven demand or a loss of confidence in fiat — is driving flows.
Gold also trades against real yields: when inflation-adjusted Treasury yields fall, the opportunity cost of holding a zero-yield asset drops and gold tends to rise. For FX, a sustained gold rally alongside falling real yields often coincides with a softer dollar and stronger commodity currencies (AUD especially, given Australia's gold exports).
Gold trades nearly around the clock through the FX market, so its level is a useful overnight risk gauge before the FX session you trade opens. Pair it with the currency-strength meter to see whether a gold move is dollar-driven or risk-driven.
FAQ
What is the spot gold price (XAU/USD)?
XAU/USD is the price of one troy ounce of gold in US dollars, quoted in the over-the-counter spot market. It is the global reference price for gold and the figure shown on this page.
Why does gold matter for forex traders?
Gold is priced in dollars, so it usually moves inversely to the dollar — a clean read on USD strength and on systemic risk. It also tracks real yields, and commodity currencies like the Australian dollar are sensitive to the gold price.
Why does gold rise when real yields fall?
Gold pays no interest, so when inflation-adjusted (real) bond yields fall, the opportunity cost of holding gold drops and demand tends to rise. Rising real yields do the reverse.
How often does the gold price update here?
The spot price refreshes about every minute during market hours from a live data feed. The moving averages and 90-day chart are built from daily closing prices.