Frequently Asked Questions

General Gold Price Questions

XAUUSD is the financial symbol for gold priced in US dollars. "XAU" is the ISO currency code for one troy ounce of gold, while "USD" represents the US dollar. When you see XAUUSD at 1800, it means one troy ounce of gold is trading at $1,800 US dollars.

Several key factors influence gold prices:

  • US Dollar Strength - Gold typically has an inverse relationship with the USD
  • Inflation Rates - Gold is often viewed as an inflation hedge
  • Interest Rates - Lower interest rates tend to support gold prices
  • Geopolitical Tensions - Uncertainty often drives investors toward gold
  • Central Bank Policies - Monetary easing typically supports gold
  • Supply and Demand - Physical gold demand from industries and investors
  • Market Sentiment - Risk appetite vs. safe-haven demand

Investors purchase gold for various reasons:

  • Safe-Haven Asset - Protection during economic uncertainty
  • Inflation Hedge - Preserving purchasing power when currencies devalue
  • Portfolio Diversification - Gold often moves inversely to stocks
  • Currency Debasement Protection - Shield against monetary policy effects
  • Store of Value - Long-term wealth preservation

About Our Gold Price Tracker

Our gold price data updates every minute during market trading hours. This ensures you have access to near real-time pricing information to make informed trading decisions. The specific timestamp of the last update is always displayed on the page.

We source our gold price data from reputable financial data providers including Alpha Vantage for real-time spot prices and FCS for historical data. These providers maintain connections with major gold markets worldwide and aggregate pricing from multiple sources to ensure accuracy.

Our trading signals are generated using established technical indicators like RSI, Moving Averages, and MACD. While these signals are based on mathematical models and historical performance, they should be used as one tool among many for making investment decisions. No trading signal can guarantee future performance, and we recommend combining our signals with fundamental analysis and proper risk management strategies.

Technical Analysis & Trading

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. For gold trading:

  • RSI above 70 generally indicates overbought conditions, suggesting a potential price decline
  • RSI below 30 generally indicates oversold conditions, suggesting a potential price increase
  • The 50 level acts as a centerline - above 50 suggests bullish momentum, below 50 suggests bearish momentum

RSI is most effective when used in conjunction with other indicators and market analysis.

Gold trading is active 24 hours a day during weekdays, but certain periods tend to have higher liquidity and volatility:

  • 8:00 AM - 10:00 AM EST - When both London and New York markets are active
  • London Fix Times - 10:30 AM and 3:00 PM London time
  • COMEX Opening - 8:20 AM EST when futures trading begins
  • Major Economic Data Releases - Particularly US economic indicators

Trading during periods of higher liquidity often results in tighter spreads and more efficient price discovery.

Moving averages (MA) help identify trends and potential reversal points in gold prices:

  • Golden Cross - When a shorter-term MA (e.g., 50-day) crosses above a longer-term MA (e.g., 200-day), signaling a potential bullish trend
  • Death Cross - When a shorter-term MA crosses below a longer-term MA, signaling a potential bearish trend
  • Support/Resistance - MAs often act as dynamic support or resistance levels
  • Trend Direction - The slope of MAs indicates trend direction and strength

Commonly used moving averages for gold include the 20-day, 50-day, 100-day, and 200-day MAs.