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Gold closed in March 2026, recording its biggest monthly loss in years. The metal lost more than 11%, thus ending the series of gains that lasted eight years.
Better Chef said that March was the worst month for gold since 2008. publish.
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The United States and Israel launched strikes against Iran at the end of February, which led to an escalation sharp in crude oil prices. instead of direct the flows towards the safe havens, It saw a downward trend. Afad BeInCrypto is Gold recorded its biggest weekly loss this month since 1983.
mention the Sprott Money website he The greater part of this decline can be attributed to the mistaken idea that the height has returned to raise interest rates before the Federal Reserve during the months next, واسفاً تولو بالجنون.
Locals observe gold at the beginning of April
Despite the decline, gold prices have already started to recover. On the first of April, the metal rose above 4,700 dollars during the trading hours of the above Sunday morning.
He identified the lowest level on March 23 as a weak point, indicating that it was the highest level of gold since 1980. Sprott Money also estimated that gold prices will rise again.
The Kobeissi Letter report also pointed out that 95% of the shares in the VanEck Gold Miners ETF (GDX) fund are located in the Al-Habat region.
The publication stated that this rose by +850% during the last four weeks, while gold mining companies increased by -25% in the same period, which led to its entry into the same period, again since 2023.
A similar signal appeared last time at the end of 2023, and that was before the increase continued to increase by 346%, therefore, while the general expectation seems to be largely positive, the geopolitical situation and all the main factors must be monitored.
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