India, April 15 -- At the end of January 2026, gold prices hit an all-time high of $5,600. Post that, there was a big correction of around 20%. At the end of February 2026, Israel and the US attacked Iran, leading to a lot of economic uncertainty. Yet, gold prices haven't seen much of an up move. In this article, we will examine why gold prices have corrected and continue to trade at lower prices despite the ongoing US-Iran War.

Investors allocate money to gold for various reasons. However, two of the important reasons include:

With its past performance track record, gold has earned a reputation as a safe haven during times of uncertainty and as a hedge against inflation. In the past, during times of war, pandemic, sovereign debt crisis...