🧮 Gold & Forex Predictor
📊 Live Market Data
💰 XAU/USD: Loading...
💱 USD/TRY: Loading...
🥇 GAU/TRY: Loading...
How to Use the Commodity FX Predictor
Start by selecting which value you want to predict from the dropdown: Gold Gram Price (XAU/TRY), Gold Ounce Price (XAU/USD), or USD Exchange Rate (USD/TRY). Enter your target value in the input field that appears. The tool will highlight which of the remaining two inputs it needs to complete the calculation. You can provide your own estimate or leave the fields blank to use live market data fetched automatically from our data provider.
Click through the calculation and the result box will show you the required value for the missing variable. The Live Market Data section below displays real-time XAU/USD, USD/TRY, and GAU/TRY prices, while the 7-Day Trend chart helps you visualize recent gold gram price movements.
Understanding Commodity-Currency Correlation
What Is Commodity-Currency Correlation?
Commodity-currency correlation refers to the statistical relationship between the prices of raw materials (such as oil, gold, and agricultural products) and the exchange rates of currencies that are closely tied to those commodities. Countries whose economies depend heavily on exporting a specific commodity often see their currency strengthen when that commodity's price rises and weaken when it falls. This link exists because higher commodity prices increase export revenue, improve the country's trade balance, and attract foreign investment.
How Oil and Gold Affect Currencies
Oil is the most actively traded commodity in the world, and its price movements ripple through global currency markets. Oil-exporting nations like Canada, Norway, and Russia tend to see their currencies appreciate when crude prices climb. Conversely, oil-importing economies may experience currency pressure from rising energy costs. Gold has a unique role as both a commodity and a safe-haven asset. It is priced in US dollars, so a weaker dollar often pushes gold higher, and vice versa. Countries with significant gold production or reserves, such as Australia and South Africa, may see their currencies influenced by gold price trends.
Commodity Currencies: AUD, CAD, NOK
Certain currencies are so closely linked to commodity prices that traders refer to them as "commodity currencies." The Australian Dollar (AUD) correlates with iron ore, coal, and gold exports. The Canadian Dollar (CAD) is strongly influenced by crude oil, as Canada is one of the world's largest oil producers. The Norwegian Krone (NOK) tracks North Sea oil production and pricing. Understanding these relationships is essential for forex traders who use commodity price movements as leading indicators for currency trades.
Key Commodity-Currency Pairs
| Commodity | Correlated Currency | Direction | Reason |
|---|---|---|---|
| Crude Oil | CAD (Canadian Dollar) | Positive | Canada is a top oil exporter |
| Crude Oil | NOK (Norwegian Krone) | Positive | Norway relies on North Sea oil |
| Gold | AUD (Australian Dollar) | Positive | Australia is a major gold producer |
| Gold | USD (US Dollar) | Inverse | Gold is priced in USD; weak dollar lifts gold |
| Iron Ore | AUD (Australian Dollar) | Positive | Iron ore is Australia's top export |
| Copper | CLP (Chilean Peso) | Positive | Chile is the world's largest copper producer |
| Natural Gas | RUB (Russian Ruble) | Positive | Russia is a leading natural gas exporter |
Important Disclaimer: This tool is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Commodity and currency markets are highly volatile and involve significant risk of loss. Past correlations do not guarantee future results. Live market data may be delayed or subject to inaccuracies from the data provider. Always conduct your own research and consult a qualified financial advisor before making any investment or trading decisions. You should not rely solely on this tool for financial actions.