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“War Heats Up – Inflation Soars – Oil on Fire! Price and Trend Outlook for Gold, Silver, and Global Stock Markets in the Week of March 23–27, 2026: Article by SO OK TRADING”

Last updated: 23 Mar 2026
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“War – Inflation – Oil on Fire! Global Markets Enter Risk-Off Mode Next Week”

Next week (March 23–27, 2026), global markets are set to enter the highest level of caution (Risk-off) as multiple pressures converge: escalating conflict in the Middle East, surging oil prices, and continued monetary tightening from the U.S. Federal Reserve and the European Central Bank. Investors must adopt careful strategies, especially in gold, silver, and oil.

 

Gold (Gold Spot & Thai Gold)

Key Support: $4,400–$4,500 (if broken, may fall to $4,300)
Strategy: Wait for a base to form around $4,400–$4,500 before accumulating
Thai Gold (96.5%): Support at 70,000–72,000 THB; near 70,000 THB is attractive for medium-term investors
 

⚪ Silver (Silver Spot)

Key Support: $71 (if broken, may test 100-day average near $69)
Strategy: Accumulate at $69–$71 for medium-term positions; long-term trend remains bullish
Target: $81/oz (J.P. Morgan & HSBC forecast)
Thai Price: 54,500–59,500 THB/kg; near 55,000 THB is a good entry point
 

️ Oil (WTI/Brent)

Range: $92.50–$99.69 per barrel
Support: $92.50–$94.20 (SPR releases may pressure prices)
Resistance: $100.90–$105.00 (if Hormuz Strait tensions escalate)
Strategy: Focus on short-term trades within the range; $92.50 is a potential accumulation point for medium-term investors, but geopolitical risks must be monitored closely
 

Global Stock Markets

U.S.: Dow Jones and Nasdaq pressured by inflation and recession fears
Europe: ECB and BoE remain hawkish, weighing on equities
Asia: Hong Kong and India follow global downtrend
Thailand: SET expected to move within 1,400–1,460 points; watch fund flows and Middle East developments
 

⚔️ Updated War Situation

Middle East: U.S. deadline to Iran over Hormuz Strait may trigger major military action
Israel–Iran: War enters its 4th week, likely to prolong
Ukraine–Russia: Russia intensifies attacks on Ukraine’s energy infrastructure
 

️ Food & FMCG Price Outlook

Global Drivers: Rising logistics costs, fertilizer crisis, stockpiling
Thailand: Fresh food and ready meals may rise 5–10 THB; FMCG firms reduce promotions to offset costs
U.S./Europe: New inflation wave driven by energy prices
China/Japan: Imported FMCG prices rise due to currency volatility
 

✅ Strategic Summary

Gold/Silver: Watch buy zones at $4,400–$4,500 (gold) and $69–$71 (silver)
Oil: Trade short-term within $92.50–$99.69; monitor U.S.–Iran deadline
Equities: Risk-off stance; prioritize cash and safe assets
 

SO OK TRADING: FAST • SHARP • RELIABLE
SO OK TRADING: Your Business Partner
VISIT US AT: WWW.SOOKTRADING.COM

 

This English version preserves the urgency and analytical tone of your original Thai text, making it suitable for global investor audiences. Would you like me to also craft a shorter, punchy headline version for social media posts alongside this full article?


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