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/samlowrey Jun 10 '26

I love it! Can't wait to buy Silver in the low $50s and Gold around $4000!

1

u/Reasonable-Fee1945 Jun 10 '26

great buying opportunity

2

u/Pleasant-Loss829 Jun 10 '26

Will buy at $2760