{"id":1372883,"date":"2026-03-23T16:04:07","date_gmt":"2026-03-23T14:04:07","guid":{"rendered":"https:\/\/prm.ua\/gold-prices-plummet-fastest-drop-in-40-years\/"},"modified":"2026-03-23T16:04:07","modified_gmt":"2026-03-23T14:04:07","slug":"gold-prices-plummet-fastest-drop-in-40-years","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/gold-prices-plummet-fastest-drop-in-40-years\/","title":{"rendered":"Gold prices plummet: fastest drop in 40 years"},"content":{"rendered":"

Global gold prices have plummeted, showing the fastest decline in four decades.<\/strong><\/p>\n

Reuters reports<\/a> this.<\/p>\n

As of the morning of March 23, gold quotes were $4.203 per ounce. During trading, the price dropped to $4.098, indicating high market volatility.<\/p>\n

<\/p>\n

In the week from March 16 to 20, gold lost more than 10% of its value. Analysts are calling it the steepest drop since 1983.<\/p>\n

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Compared to its peak in January 2026, when the price reached $5,594 per ounce, gold has fallen by about 25%.<\/p>\n

<\/p>\n

Financial experts are recording a change in investor sentiment. Large players are actively exiting gold assets and looking for alternative instruments.<\/p>\n

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Analysts also note that gold is losing its status as a “safe haven” for preserving capital.<\/p>\n

<\/p>\n

Tim Waterer, chief analyst at KCM Trade, attributes the decline to the escalating situation around Iran. The conflict in the region is affecting global markets and energy.<\/p>\n

<\/p>\n

Oil prices are hovering around $100 a barrel, changing expectations about monetary policy, with investors increasingly willing to accept rate hikes rather than cuts.<\/p>\n

<\/p>\n

As previously reported, attacks on energy infrastructure in the Persian Gulf have sharply increased oil and gas prices and could trigger a worst-case scenario for the global fuel market.<\/a><\/p>\n

<\/p>\n

Recall that world oil prices exceeded $100 per barrel amid the aggravation of the situation in the Middle East.<\/a> <\/p>\n

<\/p>\n
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Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , X<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Global gold prices have plummeted, showing the fastest decline in four decades. Reuters reports this. As of the morning of March 23, gold quotes were $4.203 per ounce. During trading, the price dropped to $4.098, indicating high market volatility. In the week from March 16 to 20, gold lost more than 10% of its value. […]<\/p>\n","protected":false},"author":66,"featured_media":1207659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76892],"class_list":["post-1372883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1372883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1372883"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1372883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1207659"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1372883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1372883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}