Gold Spot Price (gold/HKD)
HK$37,623.32
per troy ounce
Gold & Silver
1 oz
HK$37,623.32
1 gr
HK$1,209.62
1 kg
HK$1,209,616.90
Prev Close
HK$37,837.70
Open
HK$37,623.32
Day High
HK$37,819.65
Day Low
HK$37,097.96
1 oz
HK$622.61
1 gr
HK$20.02
1 kg
HK$20,017.50
Prev Close
HK$632.76
Open
HK$622.61
Day High
HK$632.59
Day Low
HK$615.90
Current Situation
As of April 20, 2026, gold has dipped below $4,800, pressured by renewed Middle East tensions around Iran and the Strait of Hormuz, which are lifting oil prices and the USD (FXStreet, Investing.com).
Key Drivers
- Middle East tensions: Strait of Hormuz issues are strengthening the USD and oil, weighing on gold.
- Fading Fed rate cuts: Expectations for cuts have fallen to 27%, stalling gold's recent rally (FXEmpire).
- Geopolitical outlook: UBS predicts a substantial rally if tensions linger and rates ease (via KitcoNewsNOW).
Short-Term Outlook (1-7 days)
Downward pressure likely persists with current tensions and low rate-cut odds; watch $4,800 as key support and $4,870 as recent resistance.
Long-Term Outlook (1-3 months)
Bullish trend intact per UBS and Kitco analysts, with potential for 20% gains above current levels in 2026 if uncertainty remains elevated.
What to Watch
- Resolution or escalation of Strait of Hormuz tensions.
- Updates on Fed rate cut probabilities.
- China's potential sulfuric acid export halt and critical minerals shifts (hot on X via GoldTelegraph_).
(Medium confidence overall.)
Current price: HK$37,623.32/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | HK$37,623.32 | -HK$214.38 | -0.57% | |
| 1 Week | HK$37,261.63 | +HK$361.69 | +0.97% | |
| 1 Month | HK$35,195.23 | +HK$2,428.09 | +6.90% | |
| 3 Months | HK$37,596.42 | +HK$26.90 | +0.07% | |
| 6 Months | HK$34,139.69 | +HK$3,483.63 | +10.20% | |
| 1 Year | HK$26,206.60 | +HK$11,416.72 | +43.56% | |
| Since 2026 | HK$34,156.53 | +HK$3,466.79 | +10.15% | |
| Since 2025 | HK$20,901.69 | +HK$16,721.63 | +80.00% | |
| Since 2024 | HK$16,237.38 | +HK$21,385.94 | +131.71% | |
| Since 2023 | HK$14,457.33 | +HK$23,165.99 | +160.24% | |
| Since 2022 | HK$14,097.09 | +HK$23,526.23 | +166.89% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | HK$37,623.32 | HK$37,837.70 | HK$37,819.65 | HK$37,097.96 | Today -214.38 (-0.57%) |
Silver (XAG) | HK$622.61 | HK$632.76 | HK$632.59 | HK$615.90 | Today -10.15 (-1.60%) |