Gold Spot Price (gold/HKD)
HK$40,325.98
per troy ounce
Gold & Silver
1 oz
HK$40,325.98
1 gr
HK$1,296.51
1 kg
HK$1,296,509.42
Prev Close
HK$40,213.07
Open
HK$40,325.98
Day High
HK$40,476.83
Day Low
HK$39,602.94
1 oz
HK$656.30
1 gr
HK$21.10
1 kg
HK$21,100.49
Prev Close
HK$653.49
Open
HK$656.30
Day High
HK$664.69
Day Low
HK$639.01
Current Situation
As of March 6, 2026, gold prices are volatile, plunging on supply fears from potential Polish central bank sales and a US-Venezuela gold deal, but firming above $5,100 amid US dollar weakness and safe-haven demand (FXStreet, RoboForex).
Key Drivers
- Polish gold sales: Central bank governor considers selling reserves for defense, adding supply pressure (ZeroHedge reports).
- US-Venezuela deal: Up to 1,000 kg of Venezuelan gold entering US markets via Trump team brokered agreement (ZeroHedge).
- Geopolitical tensions: Markets assume a short war; prolonged conflict could lift gold as a safe haven (Peter Schiff on X).
- Dollar weakness: Renewed USD drop supports gold recovery despite profit-taking (FXStreet).
Short-Term Outlook (1-7 days)
Choppy trading likely with downside risks from supply news; watch $5,100 support and $5,186 resistance for direction amid medium confidence.
Long-Term Outlook (1-3 months)
Broader uptrend intact on safe-haven appeal if war drags on (Peter Schiff); analysts see strength above $5,100 but note supply uncertainties.
What to Watch
- Details on Polish sales scale/timing.
- Venezuela gold influx impact.
- Geopolitical war updates.
- US economic data releases.
Current price: HK$40,325.98/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | HK$40,325.98 | +HK$112.91 | +0.28% | |
| 1 Week | HK$41,200.65 | -HK$874.67 | -2.12% | |
| 1 Month | HK$38,952.57 | +HK$1,373.41 | +3.53% | |
| 3 Months | HK$33,189.24 | +HK$7,136.74 | +21.50% | |
| 6 Months | HK$28,212.03 | +HK$12,113.95 | +42.94% | |
| 1 Year | HK$22,892.20 | +HK$17,433.78 | +76.16% | |
| Since 2026 | HK$34,116.55 | +HK$6,209.43 | +18.20% | |
| Since 2025 | HK$20,877.23 | +HK$19,448.75 | +93.16% | |
| Since 2024 | HK$16,218.38 | +HK$24,107.61 | +148.64% | |
| Since 2023 | HK$14,440.41 | +HK$25,885.57 | +179.26% | |
| Since 2022 | HK$14,080.59 | +HK$26,245.39 | +186.39% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | HK$40,325.98 | HK$40,213.07 | HK$40,476.83 | HK$39,602.94 | Today +112.91 (+0.28%) |
Silver (XAG) | HK$656.30 | HK$653.49 | HK$664.69 | HK$639.01 | Today +2.81 (+0.43%) |