Precious Metals Head for Weekly Losses as Economic Concerns Mount Gold prices fell below $5,100 an ounce on Friday, March 13, 2026, heading for a second consecutive weekly decline. Spot gold fell as much as 1% to approximately $5,020 an ounce before recovering some losses, according to market data. Silver prices were hit harder, dropping nearly 5% and struggling to hold above $80 per ounce. Market analysts attributed the declines to high energy prices stemming from the ongoing conflict in the Middle East, which are seen as fueling persistent inflation. This, in turn, has reduced investor expectations for imminent interest rate…
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