Gold Spot Price (gold/USD)
$4,729.47
per troy ounce
Gold & Silver
1 oz
$4,729.47
1 gr
$152.06
1 kg
$152,055.88
Prev Close
$4,715.72
Open
$4,729.47
Day High
$4,748.70
Day Low
$4,648.30
1 oz
$85.26
1 gr
$2.74
1 kg
$2,741.15
Prev Close
$80.34
Open
$85.26
Day High
$85.86
Day Low
$79.10
XAU/USD (Gold) Market Summary
As of May 11, 2026 (UTC)
Current Situation
Gold is consolidating sideways near $4,700, squeezed between fading safe-haven demand from Middle East tensions and persistent inflation pressures.
Key Drivers
- US-Iran de-escalation hopes: Optimism over a potential deal via intermediaries is easing safe-haven buying, per RoboForex and WSJ reports.
- Falling oil prices: Sharp declines are reducing inflation fears and supporting gold's rebound, as noted by RoboForex and Kitco.
- Fed policy limits: Inflation above the 2% target keeps Fed easing in check, capping upside (RoboForex, Kitco).
- India demand curb: PM Modi urged citizens to avoid gold purchases to save forex reserves amid regional tensions, hitting jewelry stocks (X posts from Bull Theory and RedboxGlobal India).
Short-Term Outlook (1-7 days)
Sideways trading in the $4,500-$4,900 range, with risk of a drop to $4,300 if support breaks, according to RoboForex. Watch for rejection at recent highs, as discussed on X.
Long-Term Outlook (1-3 months)
Broader bullish trend intact, with Morgan Stanley (via Kitco) targeting $5,200, driven more by monetary policy than geopolitics. Analyst consensus leans upward despite near-term caps.
What to Watch
- Iran's response to the US deal proposal.
- Impact of India's gold-buying curbs on physical demand.
- Upcoming US economic data and Fed signals.
- Oil price moves and inflation read-through.
*(Medium confidence; sources include RoboForex weekly forecast and Kitco news.)*
Current price: $4,729.47/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | $4,729.47 | +$13.76 | +0.29% | |
| 1 Week | $4,519.66 | +$209.81 | +4.64% | |
| 1 Month | $4,667.37 | +$62.11 | +1.33% | |
| 3 Months | $5,098.50 | -$369.03 | -7.24% | |
| 6 Months | $4,116.30 | +$613.17 | +14.90% | |
| 1 Year | $3,306.00 | +$1,423.47 | +43.06% | |
| Since 2026 | $4,361.55 | +$367.92 | +8.44% | |
| Since 2025 | $2,669.00 | +$2,060.47 | +77.20% | |
| Since 2024 | $2,073.40 | +$2,656.07 | +128.10% | |
| Since 2023 | $1,846.10 | +$2,883.37 | +156.19% | |
| Since 2022 | $1,800.10 | +$2,929.37 | +162.73% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | $4,729.47 | $4,715.72 | $4,748.70 | $4,648.30 | Today +13.76 (+0.29%) |
Silver (XAG) | $85.26 | $80.34 | $85.86 | $79.10 | Today +4.92 (+6.12%) |