Gold Spot Price (gold/NOK)
NOK 44,710.57
per troy ounce
Gold & Silver
1 oz
NOK 44,710.57
1 gr
NOK 1,437.48
1 kg
NOK 1,437,477.14
Prev Close
NOK 45,085.88
Open
NOK 44,710.57
Day High
NOK 45,064.37
Day Low
NOK 44,204.43
1 oz
NOK 738.51
1 gr
NOK 23.74
1 kg
NOK 23,743.74
Prev Close
NOK 753.98
Open
NOK 738.51
Day High
NOK 753.77
Day Low
NOK 733.88
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: NOK 44,710.57/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | NOK 44,710.57 | -NOK 375.31 | -0.83% | |
| 1 Week | NOK 44,399.46 | +NOK 311.11 | +0.70% | |
| 1 Month | NOK 41,937.22 | +NOK 2,773.35 | +6.61% | |
| 3 Months | NOK 44,798.38 | -NOK 87.81 | -0.20% | |
| 6 Months | NOK 40,679.48 | +NOK 4,031.09 | +9.91% | |
| 1 Year | NOK 31,226.73 | +NOK 13,483.84 | +43.18% | |
| Since 2026 | NOK 40,699.54 | +NOK 4,011.03 | +9.86% | |
| Since 2025 | NOK 24,905.61 | +NOK 19,804.96 | +79.52% | |
| Since 2024 | NOK 19,347.81 | +NOK 25,362.76 | +131.09% | |
| Since 2023 | NOK 17,226.77 | +NOK 27,483.80 | +159.54% | |
| Since 2022 | NOK 16,797.53 | +NOK 27,913.04 | +166.17% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | NOK 44,710.57 | NOK 45,085.88 | NOK 45,064.37 | NOK 44,204.43 | Today -375.31 (-0.83%) |
Silver (XAG) | NOK 738.51 | NOK 753.98 | NOK 753.77 | NOK 733.88 | Today -15.46 (-2.05%) |