Gold Spot Price (gold/HKD)
HK$37,480.83
per troy ounce
Gold & Silver
1 oz
HK$37,480.83
1 gr
HK$1,205.04
1 kg
HK$1,205,035.71
Prev Close
HK$37,844.50
Open
HK$37,480.83
Day High
HK$37,826.45
Day Low
HK$37,104.62
1 oz
HK$620.92
1 gr
HK$19.96
1 kg
HK$19,962.93
Prev Close
HK$632.88
Open
HK$620.92
Day High
HK$632.71
Day Low
HK$616.01
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$37,480.83/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | HK$37,480.83 | -HK$363.67 | -0.96% | |
| 1 Week | HK$37,268.33 | +HK$212.50 | +0.57% | |
| 1 Month | HK$35,201.55 | +HK$2,279.27 | +6.47% | |
| 3 Months | HK$37,603.17 | -HK$122.35 | -0.33% | |
| 6 Months | HK$34,145.83 | +HK$3,335.00 | +9.77% | |
| 1 Year | HK$26,211.31 | +HK$11,269.52 | +42.99% | |
| Since 2026 | HK$34,162.67 | +HK$3,318.16 | +9.71% | |
| Since 2025 | HK$20,905.45 | +HK$16,575.38 | +79.29% | |
| Since 2024 | HK$16,240.30 | +HK$21,240.53 | +130.79% | |
| Since 2023 | HK$14,459.93 | +HK$23,020.90 | +159.20% | |
| Since 2022 | HK$14,099.62 | +HK$23,381.20 | +165.83% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | HK$37,480.83 | HK$37,844.50 | HK$37,826.45 | HK$37,104.62 | Today -363.67 (-0.96%) |
Silver (XAG) | HK$620.92 | HK$632.88 | HK$632.71 | HK$616.01 | Today -11.96 (-1.89%) |