Comex gold futures (GC) have plunged nearly 11% over the past week to around $4,440 per ounce as of March 28, 2026, reflecting trader consensus on a stronger U.S. dollar index (DXY) and climbing 10-year Treasury yields pressuring non-yielding assets amid position unwinding after January's record $5,595 high. This sharp correction—gold's worst weekly drop since 1983—overrides safe-haven bids from escalating U.S.-Iran tensions and oil shocks, with real yields turning positive and dampening appeal. With March 31 resolution imminent, end-of-month rebalancing and Friday's potential PCE inflation data loom as catalysts, alongside any Middle East escalation that could spur a rebound toward $4,500. Polymarket odds capture this skin-in-the-game sentiment, pricing heightened uncertainty in the final trading days.
Experimental AI-generated summary referencing Polymarket data · UpdatedGold (GC) above ___ end of March?
Gold (GC) above ___ end of March?
$155,507 Vol.
$7,000
<1%
$6,500
<1%
$6,000
<1%
$5,800
<1%
$5,600
<1%
$5,400
1%
$5,200
2%
$5,000
3%
$4,800
7%
$4,600
24%
$4,400
71%
$4,000
94%
$155,507 Vol.
$7,000
<1%
$6,500
<1%
$6,000
<1%
$5,800
<1%
$5,600
<1%
$5,400
1%
$5,200
2%
$5,000
3%
$4,800
7%
$4,600
24%
$4,400
71%
$4,000
94%
For CME Gold (GC) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (February, April, June, August, October, December) that is not the spot month. The Active Month changes automatically on the contract's First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days during March on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Gold (GC) futures.
Market Opened: Mar 3, 2026, 2:56 PM ET
Resolver
0x65070BE91...For CME Gold (GC) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (February, April, June, August, October, December) that is not the spot month. The Active Month changes automatically on the contract's First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days during March on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Gold (GC) futures.
Resolver
0x65070BE91...Comex gold futures (GC) have plunged nearly 11% over the past week to around $4,440 per ounce as of March 28, 2026, reflecting trader consensus on a stronger U.S. dollar index (DXY) and climbing 10-year Treasury yields pressuring non-yielding assets amid position unwinding after January's record $5,595 high. This sharp correction—gold's worst weekly drop since 1983—overrides safe-haven bids from escalating U.S.-Iran tensions and oil shocks, with real yields turning positive and dampening appeal. With March 31 resolution imminent, end-of-month rebalancing and Friday's potential PCE inflation data loom as catalysts, alongside any Middle East escalation that could spur a rebound toward $4,500. Polymarket odds capture this skin-in-the-game sentiment, pricing heightened uncertainty in the final trading days.
Experimental AI-generated summary referencing Polymarket data · Updated


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