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Gold Set for Worst Week in Six Years as War Curbs Rate-Cut Bets
Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy and reduced expectations for rate cuts. Bullion traded near $4,685 an ounce, down almost 7% this week, the most since March 2020. Soaring crude, natural gas and fuel prices triggered by the conflict are raising inflation concerns, reducing prospects of central banks lowering borrowing costs. That hurts gold as it doesn’t pay interest. The precious metal — widely viewed as a haven — has dropped every week since the US and Israel attacked Iran last month. The retreat has come as Treasury yields and the US dollar gained ... (full story)
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Gold prices rose on Friday on technical buying, but were headed for a third consecutive weekly decline, pressured by a firm U.S. dollar and as a hawkish U.S. Federal Reserve dampened hopes for near-term interest rate cuts. Spot gold rose 1.1% to $4,700.97 per ounce as of 0257 GMT, rebounding from a near two-month low hit in the previous session. US gold ...
From goldsilver.com | Mar 19, 2026
The Iran war just entered dangerous new territory. Israel struck South Pars — Iran’s crown jewel and the world’s largest natural gas field. Iran hit back fast. It attacked Qatar’s massive LNG complex, targeted a UAE gas field, fired on a Saudi oil refinery, and struck two Kuwaiti gas units. Markets reacted immediately. Brent crude surged nearly 8% to $115 a ...
From investinglive.com | Mar 19, 2026
The price of gold has pulled back sharply from its record highs, correcting meaningfully after an extended run to the upside. Since peaking near $5,416 at the end of February, the metal has declined roughly 16.5%, marking a notable shift in momentum after a powerful rally throughout 2025 and into early 2026. What makes the move particularly interesting is ...
