Gotrade News - Gold prices faced their worst month in over a decade. By the end of March, prices dropped 12%, marking the deepest monthly correction since 2008. This pressure is due to ongoing conflicts in the Middle East, particularly between the United States and Iran.
According to Liputan6, reported on Tuesday (3/31/2026), global gold prices surged 3.9% compared to the previous day, closing March trading at US$ 4,891.3 per troy ounce. Despite this, for the entire month of March, the price downturn was unavoidable due to geopolitical tensions.
Bloomberg noted that in the first quarter of 2026, gold prices still experienced a 7% increase. However, escalating conflicts in the Middle East have affected market volatility and dampened the positive sentiment that had been present throughout the quarter.
Silver prices followed a similar pattern to gold, rising 6% at the end of the quarter but dropping more than 19% in March. The repercussions of political instability are increasingly felt across the precious metals market as a whole.
The protracted war adds to uncertainty, with global inflation risks on the rise. Soaring oil and gas prices may trigger interest rate hikes, which could add pressure to the commodities market.
Meanwhile, US President Donald Trump and US officials are in negotiations with Iran. There is a threat of military force if diplomacy fails. This situation creates high uncertainty in global markets.
On Monday, the Wall Street Journal reported that 2,500 US Marines have been deployed to the Middle East. This indicates that the situation in the region could escalate at any time.
For investors, this situation signals a moment of caution as geopolitical dynamics could continue and significantly impact gold prices. Careful steps in investment decision-making are crucial in the current situation.
Reference:
- Liputan6, Harga Emas Catat Penurunan Terburuk Sejak 2013. Accessed on April 1, 2026
- Bloomberg Technoz, Simak Ramalan Harga Emas di April, Saatnya Jual atau Beli?. Accessed on April 1, 2026
- IDX Channel, Harga Emas Naik 3 Persen, tapi Catat Kinerja Bulanan Terburuk sejak 2008. Accessed on April 1, 2026
Featured Image: GPT Image 1.5
