US EditionGold And Silver Prices Hit One-Month Lows—Despite Iran War
Gold and silver prices dropped over 10% and 17% respectively as rising oil prices from the Iran conflict fueled inflation fears and halted expected Federal Reserve rate cuts.
- On March 19, 2026, gold and silver tumbled to one-month lows as the US-Israel–Iran war eroded their safe-haven demand, with selling accelerating across futures and spot markets.
- Iran's actions around the Strait of Hormuz pushed Brent crude to $119 before easing to $104 on Thursday, keeping the Fed at 3.50-3.75% amid inflation pressure.
- Futures settled with gold at $4,588.70 and silver at $70.39 m, after seven straight sessions of losses, with silver down 17% in five days.
- Silver's industrial links amplified its slide as a stronger dollar and US petrol averages at $3.88 a gallon pressure US exports and corporate profits.
- The safe-haven bid lasted about 48 hours as Tracy Shuchart said the Iran conflict is pricing in inflation and pricing out rate cuts, with markets seeing zero chance of relief next month.
18 Articles
18 Articles
Gold and Silver Prices: Why the Iran War Is Killing the 'Safe Haven' Rally
Gold and silver prices tumbled to one-month lows on Thursday as the escalating US-Israel war with Iran dashed market hopes for imminent Federal Reserve rate cuts. Futures for both metals plunged, with gold settling at $4,588.70 an ounce after seven straight sessions of losses, while silver hit $70.39 miles from their January peaks above $5,600 and $120 respectively. These precious metals had enjoyed a blistering rally earlier this year, fuelled …
Gold and silver prices are tumbling again today: What’s happening with safe-haven assets?
Gold and silver prices are plunging again. Silver is down 17% in the last five days, and gold has fallen more than 10%. Precious metals have been particularly volatile amid the ongoing conflict in the Middle East and broader market shifts. Gold fell to $4,691.70 per ounce on Thursday, while silver slipped to $70.68 per ounce. The current streak of days with consecutive losses is the longest for gold prices since 2024, Bloomberg reports. Just tw…
Gold was supposed to be a safe haven in times of unrest, war, and increased investor risk aversion. However, the three-week-long US-Israeli attack on Iran has shown that—at least so far—gold has failed to live up to the expectations placed in it.
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