Gold Spot Price (gold/NOK)
NOK 49,474.13
per troy ounce
Gold & Silver
1 oz
NOK 49,474.13
1 gr
NOK 1,590.63
1 kg
NOK 1,590,629.04
Prev Close
NOK 49,335.60
Open
NOK 49,474.13
Day High
NOK 49,659.20
Day Low
NOK 48,587.07
1 oz
NOK 805.18
1 gr
NOK 25.89
1 kg
NOK 25,887.24
Prev Close
NOK 801.73
Open
NOK 805.18
Day High
NOK 815.48
Day Low
NOK 783.98
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: NOK 49,474.13/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | NOK 49,474.13 | +NOK 138.53 | +0.28% | |
| 1 Week | NOK 50,547.22 | -NOK 1,073.09 | -2.12% | |
| 1 Month | NOK 47,789.16 | +NOK 1,684.97 | +3.53% | |
| 3 Months | NOK 40,718.38 | +NOK 8,755.75 | +21.50% | |
| 6 Months | NOK 34,612.06 | +NOK 14,862.07 | +42.94% | |
| 1 Year | NOK 28,085.42 | +NOK 21,388.71 | +76.16% | |
| Since 2026 | NOK 41,856.06 | +NOK 7,618.07 | +18.20% | |
| Since 2025 | NOK 25,613.33 | +NOK 23,860.80 | +93.16% | |
| Since 2024 | NOK 19,897.59 | +NOK 29,576.54 | +148.64% | |
| Since 2023 | NOK 17,716.29 | +NOK 31,757.84 | +179.26% | |
| Since 2022 | NOK 17,274.84 | +NOK 32,199.29 | +186.39% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | NOK 49,474.13 | NOK 49,335.60 | NOK 49,659.20 | NOK 48,587.07 | Today +138.53 (+0.28%) |
Silver (XAG) | NOK 805.18 | NOK 801.73 | NOK 815.48 | NOK 783.98 | Today +3.45 (+0.43%) |