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