Gold Price Chart

Live XAU/USD gold price with an interactive candlestick chart. Track gold price movements from 1 week to 5 years — open, high, low, and close for every session. Data sourced from COMEX futures (GC=F) and refreshed every 15 minutes.

Gold (XAU/USD)
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Data via Yahoo Finance · 15-min delayed

What Moves the Gold Price?

US Dollar Strength

Gold and the USD move inversely. When the dollar weakens, gold priced in USD rises. DXY (Dollar Index) is the key indicator to watch alongside XAU/USD.

Real Interest Rates

When real rates (nominal rates minus inflation) fall below zero, gold becomes competitive with bonds. Fed rate decisions and CPI data are major catalysts.

Central Bank Demand

Since 2022, central banks (especially China, India, and emerging markets) have bought record amounts of gold to diversify reserves away from USD. This structural demand has been the biggest driver of the bull run.

Geopolitical Risk

Conflicts, sanctions, and financial instability push investors into gold as a safe haven. The Ukraine war (2022) and Middle East tensions are recent examples of geopolitical risk premiums baked into gold.

Gold Price History — Key Milestones

YearEventGold Price
1971Nixon ends gold standard~$35/oz
1980Peak during stagflation era~$850/oz
2011Post-GFC peak, QE era~$1,920/oz
2020COVID-19 safe haven surge~$2,070/oz
2024ATH Oct 30 — central bank buying + Fed rate cut cycle begins$2,785/oz

Frequently Asked Questions

What drives the gold price up or down?
Gold price is primarily driven by: (1) US dollar strength — gold is priced in USD, so a weaker dollar raises the gold price. (2) Real interest rates — lower real rates make gold more attractive since it pays no yield. (3) Geopolitical risk and inflation fears push investors toward gold as a safe haven. (4) Central bank buying — major reserve purchases from China, India, and Turkey have been a key driver since 2022.
What is XAU/USD?
XAU/USD is the trading symbol for gold priced in US dollars. XAU is the ISO 4217 currency code for one troy ounce of gold. The pair tells you how many US dollars you need to buy one troy ounce of gold. It trades 24 hours a day, 5 days a week on the spot market and through futures contracts (symbol: GC on COMEX).
Is this live gold price data?
The data is sourced from Yahoo Finance (futures contract GC=F) and refreshed every 15 minutes. It reflects the COMEX gold futures price, which closely tracks the spot price. For ultra-precise trading data, use a direct brokerage feed. For research and tracking purposes, this data is accurate and sufficient.
What is the gold price in troy ounces vs grams?
The standard gold price quote (XAU/USD) is per troy ounce (31.1035 grams). To convert: price per gram = XAU/USD ÷ 31.1035. For example, if gold is $2,400/oz, the gram price is approximately $77.15. Gold bars and coins are also quoted per troy ounce globally.
What are the best times to buy gold?
Historically, gold has performed well during: high inflation periods, USD weakness cycles, geopolitical crises, and periods of negative real interest rates. Dollar-cost averaging (buying fixed amounts monthly regardless of price) is the most common strategy for long-term investors. Timing the gold market is notoriously difficult even for professionals.
What is the difference between gold futures and spot price?
The spot price is the immediate delivery price for physical gold. Futures (GC=F) are contracts for delivery at a future date, typically 1–3 months out. The futures price is usually slightly higher than spot due to carrying costs (storage, insurance). The chart on this page shows the front-month COMEX futures price, which is the most widely referenced benchmark globally.
How does the gold candlestick chart work?
Each candle on the chart shows four data points for that period: Open (starting price), High (highest price reached), Low (lowest price reached), and Close (ending price). A green candle means the price closed higher than it opened. A red candle means it closed lower. The thin lines (wicks) show the full high-low range for that period.