The fall of gold to the $3,800 channel The price of one ounce of gold in the world markets dropped a few minutes ago to less than $3,900 and reached about $3,880, which is the lowest figure in more than a year. The increase in the possibility of raising interest rates as a result of the intensification of inflation in the major economies, as well as the increase in the possibility of increased tensions in the Middle East, is one of the important factors for the drop in the global ounce price.