Gold's Worst Week In 40 Years: What This Means For Your Gold Strategy
Benzinga·2026-03-23 08:16
Gold prices dropped to less than $4,400 an ounce on Monday as they fell for a fourth week. The precious metal fell by 3.8% to near $4,320.30 an ounce as it erases its previous gains.This comes as the U.S.-Iran war continues to worsen. President Donald Trump recently threatened to strike Iran's power plants if they did not reopen the Strait of Hormuz. In response, Iran threatened to attack important US and Israeli installations in the region if its energy facilities are hit.Last time, the value of gold decli ...