Gold is meant to be a safe haven. Why hasn’t it performed like one?

AI Summary

Despite the traditional role of gold as a safe haven asset, it has not performed as expected amidst the ongoing geopolitical tensions between the U.S. and Iran. Expert analysis suggests market dynamics are affecting its status as a reliable investment.

When gold sold off at the start of fighting between Iran and the United States in late February, commodity strategists barely batted an eye.