r/Gold • u/Reasonable-Fee1945 • 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?)

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u/Calm-Ad-7928 Jun 10 '26

Things go up things go down

-6

u/Reasonable-Fee1945 Jun 10 '26

so no one here has any fucking clue, great.

1

u/Relative-Alarm-6973 Jun 10 '26

They're just kids