Gold prices have rarely been as volatile as they are now. Gold futures have recorded 7 daily declines of -3.5% or more so far this year, the highest count since 2008. This is already more than double the 3 trading sessions recorded in 2025. By comparison, the largest annual nu

Gold prices have rarely been as volatile as they are now. Gold futures have recorded 7 daily declines of -3.5% or more so far this year, the highest count since 2008. This is already more than double the 3 trading sessions recorded in 2025. By comparison, the largest annual number of sessions with declines of -3.5% or more was recorded in 1980, at 33. With 3 months of trading remaining, 2026 is on track to be the most volatile year for gold futures prices since 1982. As a result, gold futures prices are down -5.4% year-to-date, on track for their first annual drop since 2022, following their best year since 1979. The bond market has catalyzing some of gold's most volatile conditions in history.