{"id":17207,"date":"2026-03-24T04:22:48","date_gmt":"2026-03-24T04:22:48","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/03\/24\/as-selling-increases-gold-sinks-deeper-into-bear-market-territory\/"},"modified":"2026-03-24T04:22:53","modified_gmt":"2026-03-24T04:22:53","slug":"as-selling-increases-gold-sinks-deeper-into-bear-market-territory","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/03\/24\/as-selling-increases-gold-sinks-deeper-into-bear-market-territory\/","title":{"rendered":"As selling increases, gold sinks deeper into bear market territory"},"content":{"rendered":"<p>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108272852\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Gold bars weighing 1000 grams are displayed at the Austrian Gold and Silver Refinery (OEGUSA) in Vienna, Austria on February 3, 2026. <\/p>\n<p>George Hochmuth AFP | getty images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Gold extended its decline on Tuesday as investors trimmed their positions as the yellow metal lost its appeal due to a stronger US dollar and higher Treasury yields, deepening a bear market trend.<\/p>\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">spot gold<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    Prices fell 2% and trimmed losses 1% to $4,335.97 an ounce. Gold futures for April delivery were also in the red, falling more than 1% to $4,358.80 an ounce. Spot silver was down more than 3% at $66.93 an ounce, while futures were down 2.61% at $67.54.<\/p>\n<p>The dollar index, which measures the greenback&#8217;s strength against a basket of currencies, was up 0.5% on Tuesday. A stronger dollar reduces the appeal of greenback-denominated bullion by making it more expensive for holders of other currencies.<\/p>\n<p>US President Donald Trump said on Monday he has ordered a five-day moratorium on planned attacks against Iran&#8217;s energy infrastructure after &#8220;productive&#8221; discussions with Iranian officials. He later told CNBC&#8217;s Joe Kernan that &#8220;We are very willing to make a deal with Iran,&#8221; hinting that the war could end soon.<\/p>\n<\/div>\n<div>\n<div class=\"Collapsible-proliveCollapsableContainer\" role=\"button\" tabindex=\"0\"><default:svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"256\" height=\"256\" viewbox=\"0 0 256 256\" aria-labelledby=\"title desc\" role=\"img\" focusable=\"false\" preserveaspectratio=\"xMinYMin\" class=\"Collapsible-stockChartIcon\"><default:title>stock chart icons<\/default:title><default:desc>stock chart icon<\/default:desc><default:g transform=\"translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)\"><default:path d=\"M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><\/default:g><\/default:svg><\/p>\n<div class=\"Collapsible-proLivePlayerCloseOrExpand\"><\/div>\n<\/div>\n<p><iframe title=\"Gold prices since the start of the year\" src=\"https:\/\/www.cnbc.com\/appchart?symbol=XAU%3D&amp;range=YTD&amp;type=mountain&amp;embedded=true&amp;$DEVICE$=undefined\" height=\"460\" scrolling=\"no\" loading=\"lazy\" style=\"border:0;width:100%\"><\/iframe><\/p>\n<p>Gold prices since the beginning of the year<\/p>\n<\/div>\n<div class=\"group\">\n<p>However, Iranian state media rejected that claim, citing a senior security official who said there had been no direct or indirect talks between Washington and Tehran.<\/p>\n<p>Spot gold has now fallen more than 22% since hitting a record high of $5,594.82 an ounce in late January, with the precious metal falling nearly 10% last week in its worst performance since September 2011. <\/p>\n<p>Market watchers attributed the decline to a mix of macro and positioning-driven factors.<\/p>\n<p>&#8220;While gold initially rose on safe-haven demand following the conflict, prices have declined recently,&#8221; said Rajat Bhattacharya, senior investment specialist at Standard Chartered. <\/p>\n<p>&#8220;We see this pattern repeated during periods of increased market stress as investors raise cash to pay margin calls or book profits where they can,&#8221; he told CNBC via email. He said the recent strength of the dollar has also impacted the demand for gold.<\/p>\n<p>The dollar index has strengthened about 3% since the beginning of the war.<\/p>\n<p>Market participants are also reassessing expectations for U.S. monetary policy, with persistent inflation reducing the likelihood of aggressive rate cuts from the Federal Reserve, which is keeping Treasury yields higher.<\/p>\n<p>Higher yields have reduced the appeal of non-interest-bearing bullion. The yield on the 10-year Treasury was up nearly 5 basis points on Tuesday at 4.384%.<\/p>\n<p>Some analysts said the selloff was a natural correction after an extended rally driven by geopolitical uncertainty and structural demand. Gold rose more than 64% last year.<\/p>\n<p>&#8220;Gold&#8217;s recent rally to record highs was driven less by inflation than by a broader loss of confidence: fiscal deficits, geopolitical fragmentation, and central banks quietly moving away from dollar reserves,&#8221; said Xavier Wong, market analyst at eToro.<\/p>\n<p>&#8220;After such a run, some position reduction was inevitable. Gold has been one of the better-performing assets over the past year, and when markets are volatile, leveraged funds and institutional investors tend to reduce risk.&#8221;<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold bars weighing 1000 grams are displayed at the Austrian Gold and Silver Refinery (OEGUSA) in Vienna, Austria on February 3, 2026. George Hochmuth AFP | getty images Gold extended its decline on Tuesday as investors trimmed their positions as the yellow metal lost its appeal due to a stronger US dollar and higher Treasury<\/p>\n","protected":false},"author":1,"featured_media":17208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1312,8318,922,1798,1357,5825,7997,6169],"class_list":{"0":"post-17207","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-bear","9":"tag-deeper","10":"tag-gold","11":"tag-increases","12":"tag-market","13":"tag-selling","14":"tag-sinks","15":"tag-territory"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/17207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=17207"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/17207\/revisions"}],"predecessor-version":[{"id":17209,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/17207\/revisions\/17209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/17208"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=17207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=17207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=17207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}