Gold had already priced in the war. When the war broke out, people thought it would rise more and started buying, now they're all in losses... once the war ends, it will drop a bit more and then stabilize sideways.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.