Gold Prices Plummet: Iran War Fear Premium Vanishes, Historic Drop Raises Buying Question

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Gold Prices Crash: Iran War 'Fear Premium' Ends, Historic Plunge to $5,074

Gold Prices Crash: Iran War 'Fear Premium' Ends, Historic Plunge to $5,074

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News18•03-03-2026, 20:12

Gold Prices Crash: Iran War 'Fear Premium' Ends, Historic Plunge to $5,074

•Gold plunged from $5,419 to $5,074 as Middle East 'fear premium' subsided.
•Stronger US Dollar Index (99.16) and rising Treasury yields (4.10%) pressured gold.
•Fed rate cut postponed to September 2026; June rate hold probability rose to 53.5%.
•Persistent inflation fears (ISM Manufacturing 'Prices Paid' at 70.5) also contributed to the fall.
•Market seeks new stable level between $5,000-$5,100 after a major rally.

Read Full Article on News18 in Marathi

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