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Gold Prices Tend to Fall in 16 Days of US-Israel vs. Iran War

Adi Ahdiat 16/03/2026 12:33 WIB

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The global gold price fluctuates with a downward trend over the 16 days of the US-Israeli war against Iran. However, the price is still much higher than it was a year ago.

Gold Price in the Daily Spot Market (March 14, 2025 - March 15, 2026)

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Gold Price in the Daily Spot Market (March 14, 2025 - March 15, 2026)

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The United States (US) and Israel attacked Iran on February 28, 2026, amid allegations that Iran was developing a nuclear program.

Iran then launched a counter-attack against Israel and US military bases scattered across the Middle East, and the mutual attacks have continued to this day.

During the war, global gold prices fluctuated with a downward trend.

According to Investing.com data, on the day before the war, February 27, 2026, the price of gold in the spot market was still around US$5,277 per troy ounce.

Then, by the 16th day of the war, March 15, 2026, the price had dropped to US$4,997 per troy ounce, a 5% decrease compared to the day before the conflict broke out.

However, the price of gold on March 15, 2026 was still 0.1% higher than the previous month, and 67% more expensive than a year ago.

"Investment demand for gold should remain robust, potentially supported by ongoing geopolitical risks, globally and regionally," said Ray Jia, head of Asia Pacific research at the World Gold Council, in a report on its website, March 13, 2026.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Gold Prices Tend to Fall in 16 Days of US-Israel vs. Iran War

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