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Gold's Worst Month Since 2008 After Trump's Iran War Kills Rate-Cut Hopes — History Says Buy
6 Articles
6 Articles
The price of precious metal fell by more than 13% in March.
Gold's Worst Month Since 2008 After Trump's Iran War Kills Rate-Cut Hopes — History Says Buy
Gold is down 13% in March 2026, its worst month since October 2008, with $8B+ in GLD outflows. But in 11 prior double-digit monthly selloffs, average 12-month returns were +15.6%.
Iran War Impact: Gold Prices Drop Sharply In Volatile Market
Gold prices are heading for their sharpest monthly decline since 2008, despite a modest uptick, as the Iran war reshapes global market dynamics. According to CNBC, spot gold remains down nearly 15 percent for the month, reflecting shifting investor sentiment. The report said rising oil prices and inflation concerns have strengthened the U.S. dollar and bond yields, reducing gold’s appeal as a safe-haven asset. Analysts noted that investors are m…
Although the price of gold rose on Tuesday, the precious metal still recorded its biggest monthly decline since October 2008.
As the month of March ends tonight, the gold price is about to record its worst monthly closing since October 2008. Back to this counter-performance that is part of the wake of a historic rally. The article Gold is about to close its worst month since 2018 appeared first on Cryptoast.
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