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3/23/2026
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Gold Sees Worst Weekly Drop in 40 Years Amid Market Turmoil

Gold Sees Worst Weekly Drop in 40 Years Amid Market Turmoil
AI-Generated Summary

Precious metals markets were rocked by extreme volatility as gold prices recorded their most significant weekly decline in over four decades. The sharp sell-off, described as the worst since 1983, saw silver prices plunge dramatically, with one source noting a drop of Rs 14,000 per kg in Indian markets. The primary drivers cited across multiple reports include a strengthening US dollar, a significant rise in Treasury yields, and substantial outflows from Gold and Silver ETFs, with some funds falling up to 20%. These factors increased the opportunity cost of holding non-yielding assets like gold. The market turmoil occurs against a backdrop of escalating geopolitical tensions in the Middle East, particularly involving the US, Israel, and Iran, which have triggered a surge in crude oil prices and intensified inflation worries. Paradoxically, this surge in oil prices and inflation fears, which traditionally support gold, initially contributed to the crash as investors anticipated more hawkish central bank policies and higher interest rates to combat inflation. This complex dynamic, where traditional safe-haven drivers failed to support prices, caught many investors off guard. Following the historic drop, prices staged a tentative rebound, with gold climbing back to $4,662 and silver crossing $72. This recovery was attributed to technical buying near key support levels and a momentary weakening of the dollar. However, the market outlook remains highly uncertain. Analysts are divided on whether the rebound will hold, with predictions ranging from gold falling further to $3,800 or rising to $4,800, and silver potentially slipping to $60 or climbing towards $80. The key question for investors is whether to treat the crash as a buying opportunity or a sign of a deeper market shift.

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Sources

Gold, Silver Rates Crash Today Live Updates: Gold prices sees worst rate drop in over 40 years; silver plunges Rs 14,000 per kg, check rates in Delhi, Mumbai - The Times of India

timesofindia.indiatimes.com
50%

Gold and silver ETFs crashed up to 20 per cent on Monday, as escalating tensions in the Middle East and inflation worries triggered by rising crude oil prices reinforced expectations of higher global interest rates. Among the 18 silver ETFs, Kotak Silver ETF recorded the steepest fall, dropping ...

Gold and silver prices surge today: Why gold and silver prices are surging more than 1% today after a big crash: Gold rebounds to $4,662 and silver climbs above $72 – will the rebound last or fade again? - The Economic Times

m.economictimes.com
50%

Gold and silver prices surged over 1% today as gold hit $4,662 and silver crossed $72 after a sharp monthly crash. The rebound is driven by technical buying near key EMA support levels and a weaker U.S. dollar. However, rising Treasury yields, inflation fears from the Iran conflict, and hawkish ...

Gold prices crash: Yellow metal registers worst weekly fall in 40 years, what should investors do? - The Times of India

timesofindia.indiatimes.com
50%

Gold, Silver Rate Today Live Updates: International gold prices drop 2% as inflation, oil price fears due to US-Iran war continue to weigh · Top stocks to buy: Stock recommendations for March 23, 2026 week - check list · Oil prices today: Brent steady at $112 as Trump's ultimatum, Iran threat keep markets on edge · Petronet LNG, HDFC Bank & more: Top stocks to watch on March 23, 2026 ... US-Israel-Iran War News ...

Gold, silver rates today: Precious metals crash as tension rises in the US-Iran war, yellow metal below $4,500 | Stock Market News

www.livemint.com
50%

Gold PricesSilver PricesIsrael Iran NewsGet Latest real-time updates · Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. HomeMarketsCommoditiesGold, silver rates today: Precious metals crash ...

silver price today: Why is gold price down by 2.36% and silver by 4.52%, and will gold fall below $4,494 and silver slip beyond $68 or finally move upwards? Analysts insights, market outlook - The Economic Times

m.economictimes.com
50%

Why is gold price down by 2.36% and silver by 4.52%, and will gold fall below $4,494 and silver slip beyond $68 or finally move upwards remains a key question as prices drop due to dollar strength, rising yields, profit booking, and changing investor sentiment across global markets.

Why Silver Is Crashing? How Low Can XAG/USD Go and Silver Price Prediction 2026

www.financemagnates.com
50%

Why Is Gold Crashing? How Low Can XAU/USD Chart Go and Gold Price Prediction 2026 Thursday, 19/03/2026 | 11:13 GMT · Why Is XRP Surging? XRP Price Prediction 2026 and How High Can It Go Wednesday, 18/03/2026 | 13:44 GMT · Why Gold Is Falling with Silver and Why Robert Kiyosaki Predicts a ...

Gold Price Drops After Oil Shock — Here’s What’s Really Driving It

goldsilver.com
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Gold is falling even as oil surges and inflation risks climb. The gold price drop after oil shock is catching investors off guard—but the real story reveals a deeper shift in markets that could shape what comes next.

Gold just had its worst week since 1983 | CNN Business

www.cnn.com
50%

Gold soared in the fall when the Fed cut rates three times in a row. Now Fed rates are expected to hold steady for several more months, pushing bond yields up. That raises the opportunity cost of holding gold. “I do think that in the recent unraveling of gold prices, higher yields have had ...

gold price today: What is gold and silver price prediction, and will gold fall to $3,800 or rise to $4,800 while silver may slip to $60 or climb towards $80 in next week? Analysts insights and market outlook - The Economic Times

m.economictimes.com
50%

Prices are falling due to a strong dollar, rising yields, ETF outflows, and global conflict impacting inflation expectations. ... gold price todaysilver price todaygold price trendsilver price trendgold price predictionsilver price predictiongold forecastsilver forecastgold analysissilver analysis · (Catch all the US News...

Gold, Silver price crash: Why are gold and silver prices falling? Should you buy more or sell off?

news24online.com
50%

Gold, silver rate today: If you’re looking to invest for the long term, this price drop could be a good chance to buy a bit more

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