The largest US gold-backed ETF, $GLD, has posted -$6.3 billion in WITHDRAWALS so far in March, the most in a single month in 13 YEARS.

US gold-backed ETF holdings are down -30 tonnes this week, to 3,077 tonnes, marking the 3rd consecutive weekly decline.

Over the last 3 weeks, holdings have dropped -62 tonnes, erasing all gains since the start of 2026.

Overall, gold funds posted -$4.5 billion in outflows in the week ending March 18, the largest weekly withdrawal since October.

This contributed to gold prices dropping -10.3% this week, the largest weekly decline since 1983, when Middle Eastern oil exporters dumped bullion for cash during an oil market breakdown.

Meanwhile, silver has fallen -35% over the last 15 days, one of the steepest 15-day declines since 1975, with the only comparable drops being the 1980 peak and the 2020 crash.

Is the precious metals sell-off close to being exhausted?

Stacker_Stocks

The largest US gold-backed ETF, $GLD, has posted -$6.3 billion in WITHDRAWALS so far in March, the most in a single month in 13 YEARS.

US gold-backed ETF holdings are down -30 tonnes this week, to 3,077 tonnes, marking the 3rd consecutive weekly decline.

Over the last 3 weeks, holdings have dropped -62 tonnes, erasing all gains since the start of 2026.

Overall, gold funds posted -$4.5 billion in outflows in the week ending March 18, the largest weekly withdrawal since October.

This contributed to gold prices dropping -10.3% this week, the largest weekly decline since 1983, when Middle Eastern oil exporters dumped bullion for cash during an oil market breakdown.

Meanwhile, silver has fallen -35% over the last 15 days, one of the steepest 15-day declines since 1975, with the only comparable drops being the 1980 peak and the 2020 crash.

Is the precious metals sell-off close to being exhausted?

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