Gold price today, Thursday, March 26: Gold opens lower after Iran rejects U.S. peace plan - Yahoo Finance
Iran rejecting peace plans should logically drive gold higher, not lower. This disconnect shows paper markets are divorced from reality. Physical demand from central banks hit record levels last quarter while COMEX registered gold sits near multi-year lows. When headlines drive short-term weakness against obvious fundamentals, stackers should pay attention. The real story is dollar weakness and inflation expectations, not diplomatic theater. Iran tensions typically add risk premium to gold, so this dip looks like algorithmic selling or profit-taking from recent runs. Physical premiums haven't budged despite spot weakness. Stack the dip.