Gold Spot Price (gold/ZAR)
ZAR 75,852.13
per troy ounce
Gold & Silver
1 oz
ZAR 75,852.13
1 gr
ZAR 2,438.70
1 kg
ZAR 2,438,700.63
Prev Close
ZAR 75,305.57
Open
ZAR 75,852.13
Day High
ZAR 75,958.77
Day Low
ZAR 74,306.92
1 oz
ZAR 1,292.14
1 gr
ZAR 41.54
1 kg
ZAR 41,543.12
Prev Close
ZAR 1,260.41
Open
ZAR 1,292.14
Day High
ZAR 1,293.37
Day Low
ZAR 1,225.13
Current Situation
Gold is trading lower near $4,542 after slipping to a 1.5-month low. A stronger US dollar and rising Treasury yields are weighing on prices as investors adjust to hotter inflation data and reduced odds of near-term Fed rate cuts.
Key Drivers
- Stronger US dollar and higher Treasury yields are pushing gold down amid fresh inflation concerns, according to recent reports from Trading Economics and Reuters.
- Hotter US inflation readings and a surge in oil prices tied to Middle East tensions have lifted expectations for possible Fed rate hikes, trimming earlier rate-cut bets.
- Market chatter on X highlights gold retesting daily supply zones around $4,560 amid dollar strength.
Short-Term Outlook (1-7 days)
Prices are likely to stay under pressure while the dollar remains firm. Key levels to watch include support near $4,540–$4,550 and resistance around $4,600. A break below current lows could extend the pullback.
Long-Term Outlook (1-3 months)
The broader trend remains constructive. UBS sees potential for gold to reach $5,900 on US political uncertainty and tariff risks, while JPMorgan forecasts a move toward $5,000 by late 2026.
What to Watch
Upcoming US CPI and PPI releases, developments in Trump-Xi trade talks, and any escalation in Iran-related tensions could quickly shift sentiment and volatility.
Current price: ZAR 75,852.13/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | ZAR 75,852.13 | +ZAR 546.55 | +0.73% | |
| 1 Week | ZAR 79,059.12 | -ZAR 3,207.00 | -4.06% | |
| 1 Month | ZAR 78,848.66 | -ZAR 2,996.54 | -3.80% | |
| 3 Months | ZAR 83,081.43 | -ZAR 7,229.30 | -8.70% | |
| 6 Months | ZAR 68,025.77 | +ZAR 7,826.36 | +11.51% | |
| 1 Year | ZAR 53,512.43 | +ZAR 22,339.69 | +41.75% | |
| Since 2026 | ZAR 72,335.32 | +ZAR 3,516.80 | +4.86% | |
| Since 2025 | ZAR 44,264.76 | +ZAR 31,587.36 | +71.36% | |
| Since 2024 | ZAR 34,386.87 | +ZAR 41,465.25 | +120.58% | |
| Since 2023 | ZAR 30,617.15 | +ZAR 45,234.97 | +147.74% | |
| Since 2022 | ZAR 29,854.25 | +ZAR 45,997.87 | +154.07% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | ZAR 75,852.13 | ZAR 75,305.57 | ZAR 75,958.77 | ZAR 74,306.92 | Today +546.55 (+0.73%) |
Silver (XAG) | ZAR 1,292.14 | ZAR 1,260.41 | ZAR 1,293.37 | ZAR 1,225.13 | Today +31.73 (+2.52%) |