Gold is trading below #036;3900. Is it deep? Gold prices have fallen more than 30% since the 2026 peak in January. The main reasons are the struggle between the US and Iran, and as a result Fed policy. Accumulated global inflation does not allow the Fed to reduce the rate, which puts pressure on gold. After all, US government bond yields are getting bigger and more attractive, and gold has no interesting income. Some analysts call and #036; 4200-4500 per ounce as an index by the end of 2026. And on the horizon this year, even brighter dynamics are possible. Read more about gold at annual lows. As prices return to $.5000 an ounce Photo: Christopher Furlong/Getty Images.

Gold is trading below #036;3900. Is it deep? Gold prices have fallen more than 30% since the 2026 peak in January. The main reasons are the struggle between the US and Iran, and as a result Fed policy. Accumulated global inflation does not allow the Fed to reduce the rate, which puts pressure on gold. After all, US government bond yields are getting bigger and more attractive, and gold has no interesting income. Some analysts call and #036; 4200-4500 per ounce as an index by the end of 2026. And on the horizon this year, even brighter dynamics are possible. Read more about gold at annual lows. As prices return to $.5000 an ounce Photo: Christopher Furlong/Getty Images.