Gold's Wild 2026 Ride: Record High Then Worst Month in 17 Years

Gold hit $5,149 per ounce on March 6, 2026, as Middle East conflict drove investors to safety (Reuters). By March 31 it dropped to $4,652 — its worst month in 17 years — after hopes for lower interest rates faded. All year, gold has been torn between global tensions and changing rate expectations.