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Dissecting what really happened – and what didn't – during gold's Iran War selloff – World Gold Council
March was the weakest month for gold in nearly 13 years, but the selloff was driven by deleveraging and liquidity dynamics amid the Iran war shocks, not a breakdown in fundamentals, and while promising signs are emerging for the yellow metal, short-term risks remain, according to the World Gold Council (WGC).
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March was the weakest month for gold in nearly 13 years, but the selloff was driven by deleveraging and liquidity dynamics amid the Iran war shocks, not a breakdown in fundamentals, and while promising signs are emerging for the yellow metal, short-term risks remain, according to the World Gold Council (WGC).