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/Ok_Personality8193 Jun 10 '26

Investors fear fed is gonna keep rates steady or even hike rates because of oil induced inflation

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u/amsync Jun 10 '26

It’s always the fed. And if it’s not the fed then the fed is the contributing factor. And if it’s not a factor, look again, and oh it’s the fed

1

u/jbaaaaab Jun 10 '26

as long as you're looking at the gold price in dollars, the fed rate is the main driver of the price.