Gold Slides for Fourth Straight Week on Strong Dollar and Central Bank Selling Pressure

Gold prices fell for the fourth consecutive week, closing near $4,433 per ounce, pressured by a surging U.S. dollar and a significant shift in central bank activity. For the week ending March 27, 2026, bullion registered a 1.5% loss as geopolitical tensions in the Middle East fueled inflation fears, bolstering the dollar and expectations for higher interest rates. This environment has transformed some central banks, previously the market's most steadfast buyers, into sellers to defend their local currencies.