The 4 things that actually move سونا
1. Real yields
سونا pays no interest. کب real yields (10Y Treasury minus inflation expectations) rise, سونا gets relatively more expensive to hold — سونا falls. کب real yields fall negative, سونا rallies.
2. USD strength
سونا is priced in USD globally. A weaker dollar makes سونا cheaper for non-USD buyers, increasing demand. Watch DXY (dollar index) inversely against سونا.
3. Geopolitical risk
Wars, sanctions, election risk — when uncertainty rises, سونا catches a bid as a hedge. Sharp spike events (Russia 2022, Israel 2023, Iran 2024) all produced multi-week rallies.
4. Central bank flows
Since 2022, central banks (China, Russia, India, Turkey) have been net buyers of سونا to diversify reserves away from USD. Quarterly WGC reports show the pace.
ٹریڈ سونا smartly
سونا spreads vary wildly by broker — some quote 30c, some 80c. ShaFX has a dedicated XAUUSD calculator (/tools/xauusd-calculator) and broker comparison filtered for سونا-friendly accounts.