Spot gold falls over 3.2% and breaks below 4500 US dollars, with New York futures gold down about 11.1% this week

NightAirdropper

2026-03-21 08:54:36

Abstract generation in progress

Gelonghui March 21 | Influenced by the strengthening of the US dollar and reports that the US has prepared detailed plans to deploy ground troops in Iran, market concerns about rising oil prices, inflation, and the subsequent increase in interest rates have intensified. On Friday (March 20), at the New York close, spot gold fell 3.25% to $4,499.36 per ounce, down 10.37% for the week. Before 18:30 Beijing time on March 18, it remained narrowly stuck around the psychological level of $5,000, then continued to decline. COMEX gold futures dropped 2.16% to $4,505.70 per ounce, down 11.07% for the week, falling to $4,478.40 at 02:30 on March 21.

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