# Gold prices fell nearly 12% to $4,608 per ounce, marking the sharpest monthly decline since 2013.

*business · news · 2026-04-09 · Business Today*

## Key points

- Gold prices fell 12% in March 2026, the sharpest monthly drop since 2013.
- Global gold ETFs saw $12 billion in outflows, mainly from North America, driving the decline.
- Deleveraging and liquidity needs forced investors to sell gold, amplifying the price drop.
- Technical selling by Commodity Trading Advisors intensified the fall after key price levels broke.
- Geopolitical tensions had limited impact on gold prices, with market flows dominating movements.

**Countries:** United States, North America

[Read the full story on Business Today](https://www.businesstoday.in/personal-finance/investment/story/gold-slump-why-your-safe-haven-bet-fell-12-in-march-what-it-means-for-you-524752-2026-04-09)

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