Spot Gold

XAU/USD - Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
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XAUUSD chart

XAUUSD chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
7.22
Current
---
Chg. Open Interest
0.1%
Outlook
Bearish

Pivot Points data provided by IG

Support & Resistance

XAU/USD
S11185.00 W R31219.31 M
S21178.54 S R21205.40 S
S31166.18 M R11200.51 W
Trend
up

Spot Gold further reading

News


Gold Prices Plunge as Easing Market Panic Boosts Bond Yields

Gold prices plunged to the lowest in 19 months as bond yields recovered while the US Dollar held onto recent highs. Stock index futures hint at deeper losses ahead.
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Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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