Using a DynamicResource to set the GaugeRange Color property does not work:
<!-- does not work -->
<gauges:GaugeRange Color="{DynamicResource GrayBackgroundColor}" ... />
Using a StaticResource works as expected:
<!-- works -->
<gauges:GaugeRange Color="{StaticResource GrayBackgroundColor}" ... />
Side-Note:
Using DynamicResource for Indicator Fill works as expected.