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Gold Price Forecast: Will FED Minutes, US Inflation and Trump’s Deadline Sink XAU This Week?
Gold experienced a dramatic correction in March, with prices plunging more than 26% from recent highs in one of the most severe monthly declines in modern trading history. The metal fell toward $4,100 per ounce, erasing over $2 trillion in market value within a matter of days. What makes this move particularly striking is that it unfolded during heightened geopolitical tensions involving Iran—a scenario that would typically support gold as a safe-haven asset. Instead, gold came under intense selling pressure as investors unwound crowded long positions and rotated capital elsewhere. The speed and magnitude of the ... (full story)