Gold Drops Below £3,300 as Rate Optimism Triggers Sharp Pullback
Gold fell 3.6% to £3,297/oz ($4,173) while silver shed 7.4% to £51.28/oz in the sharpest weekly decline since early 2026.
Our weekly summary of the biggest precious metals stories, price movements, and what to watch in the week ahead.
16 articles
Gold fell 3.6% to £3,297/oz ($4,173) while silver shed 7.4% to £51.28/oz in the sharpest weekly decline since early 2026.
Gold climbed 2.1% to £3,628/oz this week while silver drifted lower, pushing the gold/silver ratio to 60.5.
Gold dipped 0.64% to £3,573/oz ($4,523) while silver shed 1.13% to £60.20/oz in a quiet week of profit-taking.
Gold fell to £3,604/oz ($4,562) while silver dropped 9.3% in a sharp risk-off week for precious metals.
Gold closed at £3,737/oz (+4.7%) while silver soared 10.7% to £63.88/oz, compressing the gold/silver ratio to 58.5.
Gold eased 0.66% to £3,669/oz ($4,645) while silver gained 1.9% to £60.38, compressing the gold/silver ratio to 60.8.
Gold climbed 2.8% to $4,787 on soft inflation data and supply concerns, while silver outpaced with a 5.3% gain, even as Wall Street forecasters diverge by $1,000 on where prices go next.
Gold surged 3.9% to reclaim $4,700 as central bank buying, geopolitical shifts, and Wall Street upgrades collided in a volatile week.
Gold clawed back above $4,500 on Iran tensions and bargain hunting, but March's 14% decline still defines the landscape.
Gold plunged 8.4% and silver cratered 13.2% in the worst week for precious metals since 2011, driven by hawkish Fed signals and massive ETF outflows.
Gold and silver posted weekly losses as a surging dollar and fading rate-cut expectations outweighed safe-haven demand from the Iran crisis.
Gold shed 2.56% as a geopolitical spike reversed and Asian demand fractured, though central bank buying and weak jobs data kept a floor under $5,000.