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

Mar 23, 2026 - 22:00
Gold prices crash! US-Iran war wipes out $9 trillion yellow metal market cap - why is gold falling & is it losing safe haven appeal?

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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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