Gold Fails Safe Haven Test in Iran War: Traders Sell Despite Middle East Chaos
Gold prices have surged amid the 2026 Iran conflict, yet traders aren’t holding long positions due to expectations of rapid US-led resolution, rising US yields, and dollar strength overshadowing geopolitical safe-haven demand. Quick Profit-Taking Rules Unlike sustained 2022 Ukraine rallies, speculators book gains after initial spikes—spot gold hit $5,377/oz post-strikes
