Here's why Gold and Silver sank to 6-week low, despite Middle East conflict.

Gold (Bybit: XAUUSD+) and Silver (XAGUSD) plunged to their lowest levels in 6 weeks respectively, before rebounding.

At the time of writing, XAUUSD is attempting to stabilise after falling as much as 7.5% yesterday (Thur, Mar 19), when it also tested its 100-day simple moving average (SMA) for critical support for the first time since August 2025.

For further context on Gold's recent performance: