Gold Spot Price (gold/HKD)
HK$37,519.03
per troy ounce
Gold & Silver
1 oz
HK$37,519.03
1 gr
HK$1,206.26
1 kg
HK$1,206,263.89
Prev Close
HK$37,833.97
Open
HK$37,519.03
Day High
HK$37,815.92
Day Low
HK$37,094.30
1 oz
HK$619.73
1 gr
HK$19.92
1 kg
HK$19,924.64
Prev Close
HK$632.70
Open
HK$619.73
Day High
HK$632.53
Day Low
HK$615.84
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$37,519.03/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | HK$37,519.03 | -HK$314.94 | -0.83% | |
| 1 Week | HK$37,257.96 | +HK$261.07 | +0.70% | |
| 1 Month | HK$35,191.76 | +HK$2,327.27 | +6.61% | |
| 3 Months | HK$37,592.71 | -HK$73.69 | -0.20% | |
| 6 Months | HK$34,136.33 | +HK$3,382.70 | +9.91% | |
| 1 Year | HK$26,204.02 | +HK$11,315.01 | +43.18% | |
| Since 2026 | HK$34,153.16 | +HK$3,365.87 | +9.86% | |
| Since 2025 | HK$20,899.63 | +HK$16,619.40 | +79.52% | |
| Since 2024 | HK$16,235.78 | +HK$21,283.25 | +131.09% | |
| Since 2023 | HK$14,455.91 | +HK$23,063.12 | +159.54% | |
| Since 2022 | HK$14,095.70 | +HK$23,423.33 | +166.17% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | HK$37,519.03 | HK$37,833.97 | HK$37,815.92 | HK$37,094.30 | Today -314.94 (-0.83%) |
Silver (XAG) | HK$619.73 | HK$632.70 | HK$632.53 | HK$615.84 | Today -12.98 (-2.05%) |