{"id":5987,"date":"2025-11-07T00:01:12","date_gmt":"2025-11-07T00:01:12","guid":{"rendered":"https:\/\/www.talupa.com\/news\/finance\/5-major-crashes-in-gold-prices-that-rocked-global-markets\/"},"modified":"2025-11-07T00:01:12","modified_gmt":"2025-11-07T00:01:12","slug":"5-major-crashes-in-gold-prices-that-rocked-global-markets","status":"publish","type":"post","link":"https:\/\/www.talupa.com\/news\/finance\/5-major-crashes-in-gold-prices-that-rocked-global-markets\/","title":{"rendered":"5 Major Crashes in Gold Prices that Rocked Global Markets"},"content":{"rendered":"

The world of bullion trading has seen its fair share of crests and troughs, but few events have left as deep a mark as the following five instances when Gold prices plummeted, sending shockwaves through global markets.<\/p>

  2. \n

    Black Monday (1987)<\/strong>: Infamous in the annals of stock market history, Black Monday witnessed a global crash, affecting even the Gold market. Gold prices dipped by over 5%.<\/p>\n<\/li><\/li>

  4. \n

    Gold Price Crash (1999-2001)<\/strong>: Triggered by the announcement of the Bank of England’s sale of a massive amount of Gold reserves, this period witnessed the price of Gold free-falling from $282 to $255 per ounce.<\/p>\n<\/li><\/li>

  6. \n

    Global Financial Crisis (2008)<\/strong>: Gold, traditionally a safe haven during financial stress, saw its price drop almost 30%.<\/p>\n<\/li><\/li>

  8. \n

    April 2013 Crash<\/strong>: Dubbed as the worst Gold crash in 30 years, Gold prices to plunged to a two-year low of $1,321 per ounce.<\/p>\n<\/li><\/li>

  10. \n

    COVID-19 Pandemic (2020)<\/strong>: The pandemic saw Gold prices fall by nearly 15% in March 2020. However, Gold’s safe-haven status was reinforced as prices rebounded to a record high within months.<\/p>\n<\/li><\/li><\/ol>

    These instances serve as stark reminders of the volatility inherent in commodity markets, even in what is considered the most stable amongst them – Gold. \nRead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

    The world of bullion trading has seen its fair share of crests and troughs, but few events have left as deep a mark as the following five instances when Gold prices plummeted, sending shockwaves through global markets. Black Monday (1987): Infamous in the annals of stock market history, Black Monday witnessed a global crash, affecting […]<\/p>\n","protected":false},"author":1,"featured_media":5989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[16],"class_list":["post-5987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-finance"],"_links":{"self":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts\/5987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/comments?post=5987"}],"version-history":[{"count":1,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts\/5987\/revisions"}],"predecessor-version":[{"id":5988,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/posts\/5987\/revisions\/5988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/media\/5989"}],"wp:attachment":[{"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/media?parent=5987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/categories?post=5987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.talupa.com\/news\/wp-json\/wp\/v2\/tags?post=5987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}