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Gold prices fell nearly 12% to $4,608 per ounce, marking the sharpest monthly decline since 2013.
Gold prices fell 12% in March 2026, the sharpest monthly drop since 2013.
KEY POINTS
- 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.
COMPANIES
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