Gold on track for worst month since 2008 as Iran war enters its fifth week | Metals Mine

  • Gold on track for worst month since 2008 as Iran war enters its fifth week

    From cnbc.com

    Gold edged higher on Tuesday morning, but the metal remained on course to notch its biggest monthly decline in almost 17 years. By 3:30 a.m. ET, U.S. spot gold was trading around 1% higher at $ 4,553.69 per ounce. Front-month gold futures were up by 0.6% to settle at around $4,553. The gains came amid lingering uncertainty over the trajectory of the U.S.-Iran war, which has entered its fifth week. The Wall Street Journal reported on Monday evening that U.S. President Donald Trump told aides he was willing to end military hostilities against Iran even if the Strait of Hormuz remained largely closed. Trump said in ... (full story)

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QTraders
Mar 31, 2026 8:22am
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Gold is at a possible cycle top based on a 8 day cycle so be careful.
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jordanvic
Mar 31, 2026 8:00am
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Junk metal
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chaxo
Mar 31, 2026 8:28am
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Quoting QTraders
Gold is at a possible cycle top based on a 8 day cycle so be careful.
what do you mean?
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Trader#4DD0
Mar 31, 2026 8:54am
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This is just the rest in the biggest bull run in history for gold. The story is the thing making gold go up, not this gibberish about it being too high. Consider it like the war on drugs....if you can't beat demand you will not win the war.
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