Dip-Buyers Arrive to Pull Gold Back From Brink of a Bear Market

Gold prices slumped more than 14% this month, creating a severe test for gold bulls and prompting questions about the metal’s safe-haven credentials. Escalating risk from the Iran war heightens uncertainty and could amplify volatility across commodities and energy markets, potentially driving further flows out of or into perceived safe assets.

Analysis

Gold prices slumped more than 14% this month, creating a severe test for gold bulls and prompting questions about the metal’s safe-haven credentials. Escalating risk from the Iran war heightens uncertainty and could amplify volatility across commodities and energy markets, potentially driving further flows out of or into perceived safe assets.