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Gold: price drop

30/03/2026
Source : ORISHAS FINANCE
Categories: Raw materials

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Gold prices fell this Monday. Soaring energy prices fueled inflation fears and tempered expectations for a U.S. Federal Reserve interest rate cut this year.

 

Spot gold fell 0.6% to $4,466.99 an ounce by 02:38 GMT.

U.S. gold futures for April delivery fell 0.6% to $4,496.30.

Gold has lost more than 15% since the beginning of the month, recording its biggest monthly drop since October 2008, amid a strengthening U.S. dollar .

Spot silver fell 1.3% to $68.67 an ounce. Spot platinum rose 0.3% to $1,868.11 and palladium gained 1% to $1,391.

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