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tz-plus logo The Fallen Star! Why Gold is Losing Its Luster Despite Global Crises and Investors are Currently Fleeing!

A. Wimbauer
Reading Time: 3 minutes

Gold has long been regarded as the ultimate safe haven in times of crisis. However, despite the dramatic escalation in the Middle East, the precious metal is currently experiencing a steep decline. A fatal mix of concerns over interest rates, soaring oil prices, and panicking speculators is putting massive pressure on the gold price. Glorious Times - How Gold Became the Ultimate Safe Haven For years, the price of gold only knew one direction: steeply upwards. Driven by massive inflows from private and institutional investors as well as strong...

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