Gold and Silver Prices Drop Despite Ongoing Iran War

Gold and silver prices have fallen sharply, losing safe-haven appeal, as investors react to rising interest rates and ongoing geopolitical tensions.

Gold prices recorded one of their sharpest declines in decades, dropping to the lowest level of 2026. Analysts cite Middle East tensions, rising oil prices, and the likelihood of higher global interest rates as key drivers.

Other precious metals also faced steep declines; silver dropped 8.9% to $61.76, platinum fell 9% to $1,749...