Gold Spot Price (gold/DKK)
DKK 32,994.18
per troy ounce
Gold & Silver
1 oz
DKK 32,994.18
1 gr
DKK 1,060.79
1 kg
DKK 1,060,786.79
Prev Close
DKK 34,198.80
Open
DKK 32,994.18
Day High
DKK 33,454.44
Day Low
DKK 32,677.06
1 oz
DKK 535.30
1 gr
DKK 17.21
1 kg
DKK 17,210.37
Prev Close
DKK 574.16
Open
DKK 535.30
Day High
DKK 557.90
Day Low
DKK 520.91
Current Situation
Gold prices have plunged below $5,000 per ounce from recent highs near $5,379, with spot gold down over 5% to around $5,030 amid a surging US dollar and rising Treasury yields (Mitrade, CTV News).
Key Drivers
- Strong US Dollar: DXY at a 9-month high of 99.21 makes gold costlier for overseas buyers, outweighing safe-haven demand (Mitrade, KitcoNewsNOW).
- Climbing Treasury Yields: US 10-year yields at 4.05% hurt non-yielding gold as investors favor bonds amid inflation worries (Mitrade, KitcoNewsNOW).
- Middle East Tensions: US-Israel strikes on Iran and Strait of Hormuz risks spurred earlier gains, but dollar strength dominates while oil spikes add inflation pressure (Reuters, Peter Schiff on X).
Short-Term Outlook (1-7 days)
Downward pressure likely persists from dollar and yield strength, with a potential floor near $5,000; watch for any rebound if geo-risks escalate (Heraeus via Kitco).
Long-Term Outlook (1-3 months)
Bullish trend intact despite pullback, with analysts forecasting $5,400-$6,300 by year-end on sustained geo-risks and central bank demand (Goldman Sachs, J.P. Morgan, BNP Paribas).
What to Watch
- Middle East developments, especially Strait of Hormuz oil disruptions.
- Fed rate decisions amid oil-driven inflation.
- Dollar-gold safe-haven battle and central bank buying trends.
Current price: DKK 32,994.18/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | DKK 32,994.18 | -DKK 1,204.62 | -3.52% | |
| 1 Week | DKK 33,583.61 | -DKK 589.43 | -1.76% | |
| 1 Month | DKK 31,813.88 | +DKK 1,180.30 | +3.71% | |
| 3 Months | DKK 27,265.56 | +DKK 5,728.63 | +21.01% | |
| 6 Months | DKK 23,176.69 | +DKK 9,817.50 | +42.36% | |
| 1 Year | DKK 18,767.80 | +DKK 14,226.38 | +75.80% | |
| Since 2026 | DKK 28,027.36 | +DKK 4,966.82 | +17.72% | |
| Since 2025 | DKK 17,151.02 | +DKK 15,843.16 | +92.37% | |
| Since 2024 | DKK 13,323.69 | +DKK 19,670.50 | +147.64% | |
| Since 2023 | DKK 11,863.05 | +DKK 21,131.13 | +178.13% | |
| Since 2022 | DKK 11,567.46 | +DKK 21,426.72 | +185.23% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | DKK 32,994.18 | DKK 34,198.80 | DKK 33,454.44 | DKK 32,677.06 | Today -1204.62 (-3.52%) |
Silver (XAG) | DKK 535.30 | DKK 574.16 | DKK 557.90 | DKK 520.91 | Today -38.86 (-6.77%) |