Gold rate drops 4% in March despite US–Iran war, increased inflationary risks—Could an end to war trigger a major fall?
A full-scale war, increased geopolitical risks, sticky inflation, and faltering economic growth—each of these factors is a major driver of gold prices. Together, they can potentially send the yellow metal soaring. Yet, even a confluence of these factors has failed to trigger a sharp upside in gold prices. In fact, the metal is undergoing a…