War, oil spike, crisis — yet gold is falling - Why the safe-haven metal is down 18.6%
Gold hit a record high of about $5,589 per ounce in January 2026 but fell to nearly $4,551 by March, marking the worst decline in decades even as the US-Iran conflict intensified, oil prices surged above $100 per barrel, and global uncertainty increased.
Gold hit a record high of about $5,589 per ounce in January 2026 but fell to nearly $4,551 by March, marking the worst decline in decades even as the US-Iran conflict intensified, oil prices surged above $100 per barrel, and global uncertainty increased.
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