"Only This Moment" is the first single from Norwegian duo Röyksopp's second album, The Understanding (2005). The track features Kate Havnevik on guest vocals and co-writing.
The single was released on 27 June 2005 in the United Kingdom and reached number 33 on the UK Singles Chart.
The music video for "Only This Moment" is closely based on the events of May 1968. The video contains riots, banners and elements of propaganda. It was directed by Brendan McNamee and Robert Chandler.