Gold (XAU) Price Today, Forecasts & News

Stats

Prev. Close

2,315.31

High

2,321.53

Low

2,303.75

Ask

2,307.20

Bid

2,306.01

Spread

1.1900

Price Drivers

EUR/USD

United States Inflation Rate

S&P Technology Sector

Value:$1.07397

Stronger EUR/USD is bullish for all dollar-denominated precious metals including gold.

Europe Consumer Services Index

United States Interest Rate

Value:$1,803.87

Weak U.S. Consumer Discrationary Sector is bearish for gold as gold is used in jewelry.

Don't miss a thing!

Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Economic CalendarAll Events

Time zone: GMT

Tuesday, May 7th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
19:30	CAD	BoC Rogers Speech	Medium
20:30	USD	API Crude Oil Stock ChangeMay/03	Medium	0.509M	-1.43M	4.906M

Wednesday, May 8th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	EUR	Industrial Production MoMMar	Medium	-0.4%	-0.6%	1.7%
08:00	EUR	Retail Sales MoMMar	Medium	0.0%	0.2%	0.1%
12:00	BRL	Retail Sales MoMMar	Medium		-0.1%	1%
14:30	USD	EIA Gasoline Stocks ChangeMay/03	Medium		-1.18M	0.344M
14:30	USD	EIA Crude Oil Stocks ChangeMay/03	Medium		-1.43M	7.265M