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Gold slides 5% and breaks key 100-day MA as safe-haven demand fades

by theadvisertimes.com
5 months ago
in Business
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Gold slides 5% and breaks key 100-day MA as safe-haven demand fades
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Mar 19, 2026, 1:23 PM ETGold Spot Price (XAUUSD:CUR), GLD, IAU, SGOL, OUNZ, BAR, GDX, GDXJ, NUGT, DUST, RINGNEM, GFI, KGC, AEM, IAG, CDE, B, PAAS, AU, RGLD, CSIQ, IMPUY, FNV, AGPPF, BRGAY, WPM, EQXBy: Jason Capul, SA News Editor
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Gold (XAUUSD:CUR) and precious metals declined sharply Thursday, with spot gold falling 5.2% to an intraday low near $4,502.39 per ounce, marking its weakest level since mid-January.

The selloff also pushed prices below the key 100-day moving average, reinforcing bearish technical



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