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Gold ETFs Slide Deeper: More Short-Term Pain but Long-Term Gain?
ZACKS· 2026-03-24 14:01
Key Takeaways Gold ETFs slide as higher yields and a firm dollar pressure non-yielding bullion demand.Dip may offer entry if war eases, inflation cools, and rate hike bets fade.Core central bank demand and de-dollarization trends support gold's long-term outlook.Gold’s steep decline has recently pushed the metal firmly into bear market territory due to rising Treasury yields and a strong U.S. dollar, as quoted on CNBC. Spot gold has now lost over 22% since hitting a high of $5,594.82 per ounce at the end of ...