Gold is heading into the second quarter of 2026 after a large drop in March that had threatened to wipe out the entire Q1 gains. At the time of writing on 27th March, gold was around 15% down on the month but still some 4% higher on the first quarter.
Gold jumps above $4,500 as war fears revive haven buying spree
Silver and platinum gained ground despite stronger dollar.
Gold has pulled back to its 200-day moving average for the first time in over two years. While precious metals are attempting to find a floor, broader market stress continues to weigh on the sector.
Gold: Higher year-end targets despite sharp pullback – Commerzbank
Gold (XAU/USD) update: Following a steep 25% correction, the Bullion emerges as the sole rallying asset while stocks, bonds, and other metals struggle – Weekend risk is approaching! As WTI Oil rebounds to $98 amid escalating Middle East conflict fears, the 200-Day MA provides critical technical demand.
The gold market has bounced a bit early on Friday, as we are trying to figure out where we are going next. Rising interest rates, fear of worsening war headlines, and much more are causing issues.
Gold added more of a drop yesterday as the market managed to hold above 4306 so far. As we see over the Intraday chart, a potential Head & Shoulder reversal is under construction which could lead to a rebound towards the 4480-90 resistance.
Gold lacks momentum amid rising yields and strong US Dollar
It was another bad week for gold as prices firmly hold under the $5000 level. With the dollar having a resurgence, will the index break above the $100 area?
Gold is struggling under the weight of rising global interest rates, with $4,600 acting as key support while rallies are likely to be sold.
Gold Price Forecast: 200-day EMA remains key support zone amid Middle East war