Gold Prices Plunge Most in 15 Years, Silver Also Falls: How Much Cheaper Will They Get?
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Gold Plummets 15-Year Low, Silver Also Falls: What's Next for Precious Metals?
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CNBC Awaaz•21-03-2026, 08:59
Gold Plummets 15-Year Low, Silver Also Falls: What's Next for Precious Metals?
•Gold experienced its worst weekly decline in 15 years, with futures falling 9.6% to $4,574.90 per ounce.
•Silver also saw a significant drop, down over 14% for the week, reaching its lowest level since December at $69.66.
•The decline is attributed to a reversal after a record surge in 2025 (gold up 66%, silver up 135%) and investors shifting funds to other assets.
•Despite short-term volatility, experts like Goldman Sachs and J.P. Morgan predict a long-term upward trend for gold, with targets up to $5,400 per ounce.
•Geopolitical risks and a stronger dollar are influencing prices, but long-term outlook remains positive for gold and silver.
