Which pairs move with XAUUSD (Gold)?

Which pairs move with XAUUSD (Gold)?

XAUUSD (Gold) usually moves with or against certain currency pairs because gold is priced in US Dollars and is seen as a safe-haven asset.

🔹 Pairs that often move with XAUUSD (positive correlation)

These pairs tend to move in the same direction as gold:

  • AUDUSD – Australia is a major gold exporter
  • NZDUSD – Commodity-linked currency
  • XAGUSD (Silver) – Very strong correlation with gold
  • CAD (sometimes) – When commodity markets are strong

👉 If gold goes up, these pairs often go up too.

🔹 Pairs that usually move opposite to XAUUSD (negative correlation)

These pairs often move against gold:

  • USDJPY – Yen + USD strength often weakens gold
  • USDCAD – Strong USD pressure on gold
  • DXY (US Dollar Index) – Very strong inverse relation

👉 If gold goes up, these usually go down.

🔹 Safe-Haven Relationship

  • When market fear or uncertainty rises → Gold & JPY go up
  • When USD becomes strongGold usually falls

📌 Best Pair to Watch with XAUUSD

  • DXY (for USD strength)
  • AUDUSD (confirmation trades)
  • XAGUSD (silver confirms gold trend)