Gold prices crash! US-Iran war wipes out $9 trillion yellow metal market cap - why is gold falling & is it losing safe haven appeal?

In times of geopolitical uncertainties, gold is the go to investment - it’s a time-tested safe haven that investors rush to. Then why are gold prices plunging amidst the ongoing war? Does this mean that gold’s safe haven appeal is fading?

Mar 24, 2026 - 02:30
 0
Gold prices crash! US-Iran war wipes out $9 trillion yellow metal market cap - why is gold falling & is it losing safe haven appeal?
In times of geopolitical uncertainties, gold is the go to investment - it’s a time-tested safe haven that investors rush to. Then why are gold prices plunging amidst the ongoing war? Does this mean that gold’s safe haven appeal is fading?

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