Gold prices crash! US-Iran war wipes out $9tn yellow metal market cap – is it losing its shine?

 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? 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?