Luke Gromen: Gold drops below $4500 for biggest weekly fall since 1983

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20.03.2026

Luke Gromen: Gold drops below $4500 for biggest weekly fall since 1983 — Gold drops below $4500 in sharp fall

Gold prices declined to below $4500, setting up for their largest weekly fall since 1983. Luke Gromen highlighted this significant drop, drawing a parallel between current gold volatility in USD terms and what was observed in the Weimar German Reichsmarks during the 1920s.

Gromen pointed out that these similarities make sense when considering the current economic context. The analysis was accompanied by a chart credited to Myrmikan.

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Gromen’s latest commentary on gold’s volatility arrives against a backdrop of heightened market uncertainty, reflecting patterns he addressed when noting how gold may provide relief amid rising geopolitical and inflationary pressures linked to oil. The dynamics he now highlights parallel his previous analysis of U.S. Treasury yields dipping below key thresholds in response to geopolitical risks, underscoring persistent challenges in global financial markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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