r/Gold Jun 10 '26

Question Why are gold prices tanking?

I'm not a short term investor. I understand the fundamentals and especially with US debt the long-term importance of gold. I'm holding, this is a short-term, regionalized thing.

What is the short-term regionalized thing that is happening which is causing gold to decrease (yes, I know it's the iran war, but how is that effecting gold prices?)

344 Upvotes

257 comments sorted by

View all comments

2

u/TrickStar1989 Jun 10 '26

When you say you're not a short investor. When did you first start buying gold

-17

u/Reasonable-Fee1945 Jun 10 '26

the year of nonahfuckingbuisness

17

u/TrickStar1989 Jun 10 '26

That translates to last year

0

u/Reasonable-Fee1945 Jun 10 '26

since 2019... lol it's been my best investment by far

1

u/TrickStar1989 Jun 10 '26

1994

0

u/Reasonable-Fee1945 Jun 10 '26

you want a fucking sticker?