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Since the US-Iran conflict, silver has experienced a significant retracement of approximately 18% from its high, while gold has retraced about 5.3%.

Since the US-Iran conflict, silver has experienced a significant retracement of approximately 18% from its high, while gold has retraced about 5.3%.

BlockBeatsBlockBeats2026/03/05 06:18

BlockBeats News, March 5th, according to Bitget market data, spot silver experienced a short-term plunge, currently trading at $80.48 per ounce, with a intraday drop of 2.81%. Spot gold is currently trading at $1,532 per ounce, with a slight intraday decline of 0.17%.


Silver has retraced significantly by about 18% from its high of $98 per ounce since the US-Iran conflict, while gold has retraced by about 5.3% from its high of $1,542 per ounce since the US-Iran conflict.


According to monitoring, the probability of spot gold falling below $1,500 per ounce by the end of March has risen to 71%.

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