Gold (XAU/USD): price today and what moves it
XAU/USD is the price of one troy ounce of gold (31.1 grams) in US dollars. It is the most traded commodity among retail traders: it combines deep liquidity with wide daily ranges, so position sizing matters.
Gold (XAU/USD) · XAUUSD
4,163.95 USD
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Source: broker feed connected to AIMPATFX. Page refresh every two minutes. Prices may differ across providers and do not guarantee execution.
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What is Gold (XAU/USD)?
XAU/USD is the price of one troy ounce of gold (31.1 grams) in US dollars. It is the most traded commodity among retail traders: it combines deep liquidity with wide daily ranges, so position sizing matters.
What moves the price
US real interest rates
Gold pays no interest: when real (inflation-adjusted) yields rise, holding it costs more and the price tends to suffer; when they fall, it usually benefits.
The US dollar
Because gold is priced in dollars, a stronger dollar tends to make it more expensive for the rest of the world and weigh on the price; the link is not fixed and can break.
Federal Reserve
Expectations of rate cuts or hikes move yields and the dollar, and gold with them.
Central banks and funds
Central bank reserve purchases and flows into gold-backed ETFs change physical demand.
Geopolitical risk
During tension or financial stress, demand for perceived safe-haven assets rises.
Check earnings and news against their publication dates, the economic calendar, liquidity and contract specifications. These factors explain risks; they do not alone determine a buy or sell decision.
When it moves the most
It trades almost 24 hours from Sunday to Friday. Liquidity peaks at the London open and especially during the London–New York overlap (roughly 8:00 a.m. to 12:00 p.m. New York time), when many US data are released.
Data and events to watch
- Federal Reserve decisions and minutes
- CPI and PCE (US inflation)
- Nonfarm payrolls (NFP)
- 10-year real Treasury yield
- US Dollar Index (DXY)
Before deciding
Define entry, invalidation and maximum loss. Size the position using tick value in your account currency. Include costs and check the quote before transferring levels from another provider.
Learn more
- Gold price today: XAU/USD snapshot for Friday, October 16
- Gold and dollar correlation: how XAU/USD and the DXY are linked
- Gold scalping (XAU/USD): best hours, risk management and mistakes
- Gold price in 2026: what moves it and how to analyze XAU/USD
- Gold price per gram: how to calculate it from the troy ounce (XAU/USD)
- AI for gold trading (XAU/USD): how to use it for analysis and risk control
Frequently asked questions
How much is a $1 move in gold worth?
At many brokers 1 lot of XAU/USD equals 100 ounces, so a $1 price move is worth $100 per lot ($10 with 0.10 lots). Contract size varies: check your account specifications.
When does gold move the most?
Usually between the London open and the end of the New York overlap, and in the minutes after key US data such as CPI or nonfarm payrolls.
Why does gold rise when the dollar falls?
Because it trades in dollars: a weaker dollar makes gold cheaper for buyers using other currencies, which tends to lift demand. It is a tendency, not a fixed rule.