Gold Plunges 13% Despite Iran War — Safe-Haven Narrative Shaken 🪙📉
Gold surprised markets by falling sharply even as geopolitical tensions escalated, challenging its traditional safe-haven role.
Key Facts:
• Gold has dropped about 13% since the Iran war began
• Stocks fell less: S&P 500 down ~7%, Nasdaq ~8%
• Bitcoin declined only around 2% during the same period
Expert Insight:
High pre-war prices and rising yields reduced demand — investors shifted to cash and other low-risk assets instead of gold.
#Gold #PreciousMetals #SafeHaven #MarketNews #Commodities $XAUT $XAU $PAXG

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