Gold Futures Rebound After 1.32% Opening Plunge

Gold Recovers From 1.32% Gap Down on March 22

Gold futures (GC=F) began the trading session on March 22, 2026, with a significant negative opening gap of 1.32%, as the price opened at $4,450. This immediate downward move indicated strong selling pressure at the market's start, with the price briefly touching an intraday low of $4,446.30. The bearish opening set a negative tone for the precious metal at the beginning of the day's trading.

Buyer Demand Drives Price to $4,509 Close

Despite the weak opening, the market sentiment shifted dramatically throughout the session. Buyers entered the market, initiating a powerful reversal that erased the early losses. With a trading volume of 4,843 contracts, the price action demonstrated strong underlying demand. Gold futures rallied to a session high of $4,521.80 before settling at a closing price of $4,509.30, effectively neutralizing the initial plunge and finishing the day on a strong note.