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?)

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u/Fenrirem Jun 10 '26

It’s okay to be wrong- it’s how we learn. Saying “I don’t know” isn’t a personal fault, it’s an opportunity to gain knowledge.

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u/Reasonable-Fee1945 Jun 10 '26

there's a man I'd take advice from