Gold Spot Price (gold/SEK)
SEK 47,167.91
per troy ounce
Gold & Silver
1 oz
SEK 47,167.91
1 gr
SEK 1,516.48
1 kg
SEK 1,516,482.33
Prev Close
SEK 48,800.34
Open
SEK 47,167.91
Day High
SEK 47,738.17
Day Low
SEK 46,628.87
1 oz
SEK 765.96
1 gr
SEK 24.63
1 kg
SEK 24,626.32
Prev Close
SEK 819.30
Open
SEK 765.96
Day High
SEK 796.10
Day Low
SEK 743.32
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: SEK 47,167.91/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | SEK 47,167.91 | -SEK 1,632.43 | -3.35% | |
| 1 Week | SEK 47,922.48 | -SEK 754.57 | -1.57% | |
| 1 Month | SEK 45,397.16 | +SEK 1,770.75 | +3.90% | |
| 3 Months | SEK 38,906.87 | +SEK 8,261.04 | +21.23% | |
| 6 Months | SEK 33,072.21 | +SEK 14,095.69 | +42.62% | |
| 1 Year | SEK 26,780.91 | +SEK 20,387.00 | +76.13% | |
| Since 2026 | SEK 39,993.93 | +SEK 7,173.98 | +17.94% | |
| Since 2025 | SEK 24,473.82 | +SEK 22,694.08 | +92.73% | |
| Since 2024 | SEK 19,012.37 | +SEK 28,155.53 | +148.09% | |
| Since 2023 | SEK 16,928.11 | +SEK 30,239.80 | +178.64% | |
| Since 2022 | SEK 16,506.31 | +SEK 30,661.60 | +185.76% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | SEK 47,167.91 | SEK 48,800.34 | SEK 47,738.17 | SEK 46,628.87 | Today -1632.43 (-3.35%) |
Silver (XAG) | SEK 765.96 | SEK 819.30 | SEK 796.10 | SEK 743.32 | Today -53.34 (-6.51%) |