Gold Spot Price (gold/DKK)
DKK 33,042.77
per troy ounce
Gold & Silver
1 oz
DKK 33,042.77
1 gr
DKK 1,062.35
1 kg
DKK 1,062,348.95
Prev Close
DKK 34,145.42
Open
DKK 33,042.77
Day High
DKK 33,402.23
Day Low
DKK 32,626.05
1 oz
DKK 538.28
1 gr
DKK 17.31
1 kg
DKK 17,306.24
Prev Close
DKK 573.26
Open
DKK 538.28
Day High
DKK 557.03
Day Low
DKK 520.10
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 33,042.77/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | DKK 33,042.77 | -DKK 1,102.65 | -3.23% | |
| 1 Week | DKK 33,531.19 | -DKK 488.42 | -1.46% | |
| 1 Month | DKK 31,764.23 | +DKK 1,278.54 | +4.03% | |
| 3 Months | DKK 27,223.00 | +DKK 5,819.77 | +21.38% | |
| 6 Months | DKK 23,140.51 | +DKK 9,902.26 | +42.79% | |
| 1 Year | DKK 18,738.51 | +DKK 14,304.26 | +76.34% | |
| Since 2026 | DKK 27,983.61 | +DKK 5,059.16 | +18.08% | |
| Since 2025 | DKK 17,124.25 | +DKK 15,918.52 | +92.96% | |
| Since 2024 | DKK 13,302.89 | +DKK 19,739.88 | +148.39% | |
| Since 2023 | DKK 11,844.54 | +DKK 21,198.23 | +178.97% | |
| Since 2022 | DKK 11,549.40 | +DKK 21,493.37 | +186.10% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | DKK 33,042.77 | DKK 34,145.42 | DKK 33,402.23 | DKK 32,626.05 | Today -1102.65 (-3.23%) |
Silver (XAG) | DKK 538.28 | DKK 573.26 | DKK 557.03 | DKK 520.10 | Today -34.98 (-6.10%) |