March 3, 2026 Spot Gold Midnight Analysis
Today, spot gold moved very extremely overall. It surged to around 5380 in the early session but faced resistance, then plunged sharply in the afternoon, with the entire day seeing a rise followed by a decline and a weakening trend.
Due to the cooling of risk aversion in the Middle East, risk funds withdrew; the Federal Reserve's hawkish stance strengthened the dollar, putting pressure on gold prices; combined with previous gains being too high, institutions took profits en masse, and multiple bearish factors hit the market simultaneously.
After an ear
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