Iran war: Why gold prices are not soaring – dw.com

Contrary to common belief, the ongoing conflict in Iran has surprisingly not led to a sky-rocket in gold prices. The absence of this traditional economic pattern has left many investor circles puzzled. There are a few potential explanations for this trend. Primarily, the financial world is already awash with risk aversion. Secondly, Iran’s isolation means the direct impact of the war on global gold markets has been smaller than expected. Lastly, Iran’s own domestic gold market has been heavily disrupted, causing an abundance of supply. Read More