Gold Spot Price (gold/NZD)
NZ$7,300.15
per troy ounce
Gold & Silver
1 oz
NZ$7,300.15
1 gr
NZ$234.71
1 kg
NZ$234,705.16
Prev Close
NZ$7,350.70
Open
NZ$7,301.42
Day High
NZ$7,312.68
Day Low
NZ$7,263.07
1 oz
NZ$100.81
1 gr
NZ$3.24
1 kg
NZ$3,241.17
Prev Close
NZ$100.54
Open
NZ$100.85
Day High
NZ$100.92
Day Low
NZ$99.50
Gold Price Calculator
Estimate the value of your gold by weight, purity, and currency using the live spot price.
Current Situation
As of 19 October 2026, gold (XAU/USD) is trading modestly higher near $4,175–$4,182, holding above $4,150 after opening the week firmer. Spot prices have drawn support from softer oil, a weaker dollar, and reduced bets on an immediate Federal Reserve rate hike.
Key Drivers
- Fading October Fed rate-hike odds after Chair Kevin Warsh’s remarks at IMF meetings; October pricing dropped to roughly 15% while December remains above 90%, helping gold via a softer USD and lower yields (FinanceFeeds, FXStreet, Moneycontrol/Bloomberg).
- Softer oil prices (Brent eased about 2% toward $108) after President Trump waived Russia sanctions and announced a diesel deal, easing near-term inflation concerns (Reuters via Business Recorder and MarketScreener).
- Weaker US dollar (two-week low) and pullback in Treasury yields from multi-year highs, reducing the opportunity cost of holding non-yielding gold.
- Persistent geopolitical risks, including US-Iran tensions and vessel attacks near the Strait of Hormuz, sustaining safe-haven interest (FXStreet).
Short-Term Outlook (1-7 days)
Gold is expected to stay range-bound with a mild upward bias while October hike odds stay low. Key levels to watch are support near $4,065–$4,145 and resistance around $4,220, with an outer upside reference near $4,315 (100-day SMA/upper Bollinger area per FXStreet and FinanceFeeds). A clearer drop in oil or yields would be the most constructive near-term catalyst, according to KCM Trade’s Tim Waterer via Reuters.
Long-Term Outlook (1-3 months)
The broader backdrop remains mixed. High December hike probability (>90%) and recent hot CPI/PPI data continue to limit sustained rallies below roughly $4,220. Analyst commentary points to capped upside unless yields and oil decline more decisively, while geopolitical risks keep a floor under safe-haven demand.
What to Watch
- FOMC meeting (27–28 October) and upcoming PCE data; the Fed blackout period currently limits fresh signals.
- Oil price reaction to any Middle East/Hormuz or Russia developments.
- Shifts in Treasury yields, the US dollar, and US-Iran or Russia-Ukraine headlines that could swing safe-haven flows.
Current price: NZ$7,300.15/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | NZ$7,300.15 | -NZ$50.55 | -0.69% | |
| 1 Week | NZ$7,332.42 | -NZ$32.27 | -0.44% | |
| 1 Month | NZ$7,715.59 | -NZ$415.44 | -5.38% | |
| 3 Months | NZ$7,074.20 | +NZ$225.95 | +3.19% | |
| 6 Months | NZ$8,507.84 | -NZ$1,207.69 | -14.20% | |
| 1 Year | NZ$7,693.02 | -NZ$392.87 | -5.11% | |
| Since 2026 | NZ$7,696.81 | -NZ$396.66 | -5.15% | |
| Since 2025 | NZ$4,709.97 | +NZ$2,590.18 | +54.99% | |
| Since 2024 | NZ$3,658.92 | +NZ$3,641.23 | +99.52% | |
| Since 2023 | NZ$3,257.81 | +NZ$4,042.35 | +124.08% | |
| Since 2022 | NZ$3,176.63 | +NZ$4,123.52 | +129.81% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | NZ$7,300.15 | NZ$7,350.70 | NZ$7,312.68 | NZ$7,263.07 | Today -50.55 (-0.69%) |
Silver (XAG) | NZ$100.81 | NZ$100.54 | NZ$100.92 | NZ$99.50 | Today +0.27 (+0.27%) |