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Gold Price Today: Drops 2% to $4,330 on Trump’s Iran Pause.
Gold prices retreated sharply on March 24, 2026, dropping to around $4,123 per ounce, the lowest level since early February, after President Donald Trump announced “very good and productive” talks with Iran and postponed planned strikes on its energy infrastructure. The move reversed some of the safe‑haven buying that had pushed gold to a record $5,246 earlier in the month amid escalating Middle East tensions.