Gold falls during Iran tensions, debunking geopolitical risk hedge myth

The great gold myth: Why the precious metal isn’t the war hedge we’re told it is

Gold prices have fallen during the Iran conflict, contradicting the common belief that geopolitical tensions drive gold prices higher. This decline challenges the widely-held assumption that gold serves as a reliable hedge against geopolitical risk. The market movement suggests investors may have misconceptions about gold's role as a safe-haven asset during international conflicts.