These indicators explain the vast majority of gold's daily price movements. Each one has a direct, measurable influence on XAU/USD.
Bearish / Bullish reflects the current reading's impact on gold — not the indicator's own direction
These factors don't move gold tomorrow — they move it over weeks, months, or years. They are the foundation on which daily moves are built.
China quietly made its biggest gold grab since 2023, and it paid up to do it
Read full analysis →Nobody is dumping the dollar, they are just trusting it less as a rainy-day fund
Read full analysis →Trump's touted Ukraine energy truce fell apart within hours, and gold's risk premium isn't going anywhere
Read full analysis →One mine's stumble and another's grand opening show how stubborn gold supply still is
Read full analysis →Estimated relative weight of each factor in today's +$24.50 movement. Calculated based on historical correlations and the magnitude of each variable's move.