New Delhi, April 5 -- : The ongoing US-Iran war has triggered a strategic shift in safe-haven demand as investors are now flocking towards the US Dollar instead of gold, according to market experts.

Despite the US being directly involved in the war, the dollar index has rebounded strongly after falling nearly 10% in 2025, reinforcing its status as a dominant currency during periods of geopolitical uncertainty. The dollar index has risen over 2% in March 2026.

Whereas, gold prices have slipped over 10% since the beginning of the US-Iran war. The precious metal initially jumped by over Rs.8,500 in a single day on March 2, however, as the war intensified, it began a massive downward spiral. By March 23, gold had crashed to Rs.1,35,846, a d...