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Why gold’s plunge into a bear market is a good signal for stocks, according to Morgan Stanley
Yahoo Finance· 2026-03-23 14:08
The price of gold was down more than 20% from its peak early Monday. - Getty Images/iStockphoto Before U.S. President Donald Trump sent markets rebounding with a message about “good and productive conversations with Iran,” traders had started the new week in a distinctly risk-off mood. Bullion had definitely not been behaving as a haven as the U.S.-Israel war with Iran rumbled on. At one point early Monday, Nymex gold futures GC00 fell as low as $4,100 an ounce, down an unusually large 10% on the session ...