{"id":70698,"date":"2026-04-05T22:29:31","date_gmt":"2026-04-05T22:29:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/gold-loses-15-from-war-highs-as-operation-epic-fury-safe-haven-trade-unwinds-market-updates-bitcoin-news\/"},"modified":"2026-04-05T22:29:31","modified_gmt":"2026-04-05T22:29:31","slug":"gold-loses-15-from-war-highs-as-operation-epic-fury-safe-haven-trade-unwinds-market-updates-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/gold-loses-15-from-war-highs-as-operation-epic-fury-safe-haven-trade-unwinds-market-updates-bitcoin-news\/","title":{"rendered":"Gold Loses 15% From War Highs as Operation Epic Fury Safe Haven Trade Unwinds \u2013 Market Updates Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\"> <span>Gold<\/span> fell to $4,623.93\/oz after March 2026 NFP data showed 178,000 new jobs, well above the 59,000 consensus estimate.<\/li>\n<li aria-level=\"1\">Silver held above $73.75\/oz, supported by industrial demand tied to AI data centers, solar, and electronics sectors.<\/li>\n<li aria-level=\"1\"> <span>Gold<\/span> has dropped roughly 15-19% from early-March 2026 highs as Operation Epic Fury\u2019s safe-haven premium faded.<\/li>\n<\/ul>\n<h2>U.S.-Iran War Fails to Sustain <span>Gold<\/span> Rally<\/h2>\n<p>The March jobs <a href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a>, released earlier this week, reversed February\u2019s revised loss of 133,000 positions. Analysts had forecast gains of roughly 59,000 to 60,000 jobs. The unemployment rate edged down to 4.3%. Health care, construction, and transportation led the hiring gains.<\/p>\n<p>The stronger-than-expected data pushed the <a href=\"https:\/\/www.tradingview.com\/symbols\/TVC-DXY\/\" target=\"_blank\" rel=\"noopener noreferrer\">U.S. dollar higher<\/a> and lifted Treasury yields, both of which weigh on non-yielding assets like <span>gold<\/span>. The metal had been trading near $4,700 per ounce earlier in the week before the report triggered profit-taking and a broad reassessment of the rate outlook.<\/p>\n<p> <span>Gold<\/span> closed this week with a bid of $4,676 and an ask of $4,678, according to <a href=\"https:\/\/www.kitco.com\/price\/precious-metals\" target=\"_blank\" rel=\"noopener noreferrer\">Kitco price data<\/a>. By Sunday April 5, spot quotes showed modest additional pressure consistent with the post-NFP adjustment, landing near the $4,624 level cited in weekend trading.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/silver-to-60-strategist-flags-extreme-valuation-risk\/\">Silver<\/a> showed more resilience. The metal held above $73.75 per ounce, with $70 per ounce as a key technical support level. Friday\u2019s closing bid was $72.90 with an ask of $73.15. The <span>gold<\/span>\/silver ratio stood near 64.6, still elevated by historical standards but slightly compressed from recent peaks as silver drew a bid on industrial narratives.<\/p>\n<p>Silver\u2019s relative steadiness comes from industrial demand tied to <a href=\"https:\/\/news.bitcoin.com\/ai-infrastructure-frenzy-grows-as-meta-commits-up-to-27-billion-to-nebius\/\">artificial intelligence (AI)<\/a> data center buildouts, solar installations, and electronics manufacturing. That demand provides a price floor even as monetary demand softens alongside reduced rate-cut expectations. Silver\u2019s higher sensitivity to economic data and speculative flows keeps it more <span>volatile<\/span> than <span>gold<\/span> over short periods, but the structural industrial case has buyers defending the $70 level.<\/p>\n<p>The Good Friday holiday on April 3 shuttered physical markets across many centers, though spot and futures markets stayed open long enough to absorb the full post-NFP reaction before the weekend.<\/p>\n<p><\/p>\n<p> <span>Gold<\/span>\u2019s pullback carries additional context from the ongoing <a href=\"https:\/\/en.wikipedia.org\/wiki\/2026_Iran_war\" target=\"_blank\" rel=\"noopener noreferrer\">U.S.-Israel-Iran war,<\/a> which began February 28, 2026, when coordinated U.S. and Israeli strikes under Operation Epic Fury targeted Iranian military sites, nuclear facilities, and senior leadership including Supreme Leader Ali Khamenei. Iran responded with missile and drone attacks that disrupted oil flows through the <a href=\"https:\/\/news.bitcoin.com\/150-oil-on-the-table-goldman-analysts-warn-as-iran-threatens-strait-shutdown\/\">Strait of Hormuz<\/a>.<\/p>\n<p>The initial geopolitical shock briefly lifted <span>gold<\/span> from pre-war levels near $5,100 to $5,300 per ounce up to highs near $5,423 per ounce in the first days of the conflict. The move proved short-lived. A strengthening dollar, rising yields, profit-taking, and concerns that oil disruptions could stoke <span>inflation<\/span> and delay Fed rate cuts all combined to reverse the advance.<\/p>\n<p>By mid-to-late March, <span>gold<\/span> had shed roughly 15% to 19% from early-March peaks, with prices trading in the $4,900 to $5,000 range before sliding further. <a href=\"https:\/\/news.bitcoin.com\/central-bank-gold-buying-slows-as-iran-escalation-shapes-reserve-strategy\/\">Gold<\/a>\u2018s all-time high came in late January 2026, near $5,595 to $5,608 per ounce. Current levels near $4,624 represent a notable correction from both that peak and from the brief post-strike highs recorded after Operation Epic Fury.<\/p>\n<p>The war\u2019s muted net impact on <span>gold<\/span> reflects competing forces. Geopolitical uncertainty brought buyers in, but the same conflict drove oil prices higher and stoked <span>inflation<\/span> concerns that cut against the <a href=\"https:\/\/news.bitcoin.com\/federal-reserve-set-to-hold-rates-as-markets-fully-price-out-2026-cuts\/\">rate-cut<\/a> thesis <span>gold<\/span> had been trading on. Some capital shifted to the dollar as the more immediate safe-haven instrument, and central bank buying continued in the background without fully offsetting the near-term selling pressure.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/schiff-warns-us-dollar-credibility-collapse-could-trigger-rising-rates-debt-crisis-and-economic-downturn\/\">Peter Schiff<\/a> sees the <span>gold<\/span> dip as temporary. Responding to reports that Vice President JD Vance may <a href=\"https:\/\/x.com\/AmericaFirstCon\/status\/2040151819486441838?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">skip<\/a> the 2028 presidential race, Schiff suggested 2032 could be his moment, bankrolled by <span>gold<\/span> gains he has predicted for decades as the dollar weakens and monetary <span>inflation<\/span> takes hold. Schiff <a href=\"https:\/\/x.com\/PeterSchiff\/status\/2040539471381197182?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> this weekend:<\/p>\n<blockquote>\n<p>\u201cThings will be so bad in 2032 that I may have to run myself. Given how high <span>gold<\/span> will likely be by then I should be able to self fund.\u201d<\/p>\n<\/blockquote>\n<p>Looking ahead, <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> traders will watch the Federal Reserve, the USD index, and incoming <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-inflation\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">inflation<\/a> data for signals on the rate path. April futures contracts for <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a>, designated GCJ26, are tracking spot dynamics closely. Resistance sits in the $4,700 to $4,800 range, with support expected at recent swing lows.<\/p>\n<p>Silver\u2019s near-term target is $75 to $80 per ounce if AI-driven industrial buying proves sustained. Any confirmation of that demand trend, combined with exchange-traded fund (ETF) inflows, could lift silver toward those resistance levels before year-end.<\/p>\n<p> <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Gold<\/a>\u2019s next directional move likely hinges on whether the Fed\u2019s posture shifts or whether fresh geopolitical escalation in the <a href=\"https:\/\/news.bitcoin.com\/us-10-year-treasury-yield-hits-8-month-high-above-4-4-pulls-back-on-middle-east-ceasefire-reports\/\">Middle East<\/a> revives the safe-haven bid that has faded since early March.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/gold-loses-15-from-war-highs-as-operation-epic-fury-safe-haven-trade-unwinds\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Gold fell to $4,623.93\/oz after March 2026 NFP data showed 178,000 new jobs, well above the 59,000 consensus estimate. Silver held above $73.75\/oz, supported by industrial demand tied to AI data centers, solar, and electronics sectors. Gold has dropped roughly 15-19% from early-March 2026 highs as [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":70699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70698"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70698"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70699"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}