Gold futures dropped as low as $4,700/toz before recovering some of those losses in afternoon trade only to succumb again to some late selling. Gold for delivery in April, the most active contract, closed at $4,745/toz down 11.4% or $600/toz on the day. It was the biggest intra-day decline since the early 1980s.

A Reuters poll of analysts and traders suggests platinum could average ~$1,550/Toz per troy ounce in 2026, significantly higher than earlier estimates after a strong rally in 2025.

Now rising for a record 8th month in a row, the gold price in US Dollars has +18.1% since New Year's Eve.