Gold's Sharp Drop - Oil Reversing Rally?

Gold prices plunge to the sharpest declines since 2024, slipping below $5,000 per ounce briefly as surging oil prices above $100 per barrel fuel inflation fears and strengthen the US dollar. This pullback follows a failed breakout above $5,400 earlier in March, triggered by geopolitical tensions like the Iran conflict, with spot gold now hovering around $5,025 after dropping from recent highs near $5,600. Read more about this...