The Economic Times

Why gold prices arent rising despite Iran war uncertainty gold down 1% today now below $5,000

Why gold prices arent rising despite Iran War uncertainty shows gold holding steady around $5,000 per ounce despite escalating US-Israel strikes on Iran. Geopolitical tensions, rising oil prices, and the Strait of Hormuz disruption have failed to push gold higher because a strong US dollar and expected Federal Reserve interest rate stability reduce its safe-haven appeal. Investors treat gold as speculative, limiting aggressive buying, while market focus on inflation, Fed policy, and war duration keeps gold range-bound, highlighting complex global economic dynamics.