Gold Spot Price (gold/AUD)
A$6,691.30
per troy ounce
Gold & Silver
1 oz
A$6,691.30
1 gr
A$215.13
1 kg
A$215,130.04
Prev Close
A$6,753.95
Open
A$6,691.30
Day High
A$6,750.73
Day Low
A$6,621.91
1 oz
A$110.79
1 gr
A$3.56
1 kg
A$3,561.91
Prev Close
A$112.95
Open
A$110.79
Day High
A$112.92
Day Low
A$109.94
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: A$6,691.30/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | A$6,691.30 | -A$62.65 | -0.93% | |
| 1 Week | A$6,651.12 | +A$40.17 | +0.60% | |
| 1 Month | A$6,282.27 | +A$409.02 | +6.51% | |
| 3 Months | A$6,710.88 | -A$19.58 | -0.29% | |
| 6 Months | A$6,093.86 | +A$597.43 | +9.80% | |
| 1 Year | A$4,677.82 | +A$2,013.47 | +43.04% | |
| Since 2026 | A$6,096.87 | +A$594.43 | +9.75% | |
| Since 2025 | A$3,730.91 | +A$2,960.39 | +79.35% | |
| Since 2024 | A$2,898.34 | +A$3,792.96 | +130.87% | |
| Since 2023 | A$2,580.60 | +A$4,110.69 | +159.29% | |
| Since 2022 | A$2,516.30 | +A$4,175.00 | +165.92% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | A$6,691.30 | A$6,753.95 | A$6,750.73 | A$6,621.91 | Today -62.65 (-0.93%) |
Silver (XAG) | A$110.79 | A$112.95 | A$112.92 | A$109.94 | Today -2.16 (-1.91%) |