Skip to contentHome page Seeking Alpha - Power to InvestorsMar 23, 2026, 2:48 PM ETGold Spot Price (XAUUSD:CUR)MarketPulse by OANDA Group633 FollowersCommentsGold plunged to a four-month low, recording its worst week in 43 years, primarily driven by dominant macro factors over geopolitical concerns.Markets now pricing out 2026 rate cuts from the Federal Reserve.The technical bias is firmly bearish after a breakdown below the key $4,500 support, compounded by persistent ETF outflows.PhonlamaiPhoto/iStock via Getty ImagesBy Zain VawdaGold prices experienced a significant shift on Monday as the market reacted to geopolitical developments. Spot gold (XAUUSD:CUR) initially plunged as much as 9%, hitting a four-month low and marking its ninthThis article was written byMarketPulse by OANDA Group633 FollowersMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.