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    • Gold Falls for Ninth Straight Session as Prices Hit Four-Month Low

    By on March 23, 2026
    Gold
    Gold

    Singapore: Gold prices declined by more than 3 percent today, reaching their lowest level in nearly four months amid continued market pressure.

    Spot gold dropped by 3.3 percent to $4,340.09 per ounce, marking its ninth consecutive session of losses.

    U.S. gold futures for April delivery also fell by 5 percent to $4,347.

    The decline comes as ongoing tensions in the Middle East raise concerns about inflation and strengthen expectations of higher global interest rates.

    Other precious metals also recorded losses. Spot silver fell by 3.3 percent to $65.55 per ounce, platinum declined by 4.4 percent to $1,838.45, while palladium slipped by 0.4 percent to $1,398.50.

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