Gold Spot Price (gold/USD)
$5,155.38
per troy ounce
Gold & Silver
1 oz
$5,155.38
1 gr
$165.75
1 kg
$165,749.19
Prev Close
$5,140.95
Open
$5,155.38
Day High
$5,174.67
Day Low
$5,062.95
1 oz
$83.90
1 gr
$2.70
1 kg
$2,697.54
Prev Close
$83.54
Open
$83.90
Day High
$84.98
Day Low
$81.69
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: $5,155.38/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | $5,155.38 | +$14.44 | +0.28% | |
| 1 Week | $5,267.20 | -$111.82 | -2.12% | |
| 1 Month | $4,979.80 | +$175.58 | +3.53% | |
| 3 Months | $4,243.00 | +$912.38 | +21.50% | |
| 6 Months | $3,606.70 | +$1,548.68 | +42.94% | |
| 1 Year | $2,926.60 | +$2,228.78 | +76.16% | |
| Since 2026 | $4,361.55 | +$793.83 | +18.20% | |
| Since 2025 | $2,669.00 | +$2,486.38 | +93.16% | |
| Since 2024 | $2,073.40 | +$3,081.98 | +148.64% | |
| Since 2023 | $1,846.10 | +$3,309.28 | +179.26% | |
| Since 2022 | $1,800.10 | +$3,355.28 | +186.39% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | $5,155.38 | $5,140.95 | $5,174.67 | $5,062.95 | Today +14.44 (+0.28%) |
Silver (XAG) | $83.90 | $83.54 | $84.98 | $81.69 | Today +0.36 (+0.43%) |