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Gold miners' bull run squeezed as prices plummet and energy costs soar

By CNBC March 23, 2026 Bearish
Gold miners' bull run squeezed as prices plummet and energy costs soar
Gold fell sharply on Monday morning as investors continued to ditch the yellow metal as a safe haven trade amid the ongoing war in Iran. That move lower has second-order effects for the prospects of gold miners, which typically act as a leveraged bet on the gold price.
Tickers: AAAUBARDBPDGLGLDGLDMIAUOUNZSGOLUGL
Gold fell sharply on Monday morning as investors continued to ditch the yellow metal as a safe haven trade amid the ongoing war in Iran. That move lower has second-order effects for the prospects of gold miners, which typically act as a leveraged bet on the gold price.