Gold Near $5,000 as Oil Price Today Surges on War Fears
Gold prices are grabbing attention again in March 2026. Spot gold has been holding just below the $5,000 mark amid rising tensions in the Middle East. At the same time, crude oil has surged well above $100 a barrel after disruptions around the Strait of Hormuz, a key route for a fifth of the world’s oil supply, raised fears over supply and inflation.
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