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The Economic Times

Business / The Economic Times

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Gold price slides below $5,000, drops to over one-month low

Spot gold dropped to a one-month low following the Federal Reserve's decision to hold interest rates steady, with expectations of higher rates for longer. A stronger dollar and ongoing Middle East conflict, including an escalation involving Iran's Pars gas field, further pressured gold prices.

19 Mar 2026 1:01 am