Why aren’t Gold & Silver rising during War?

Why aren’t Gold & Silver rising during War?
When global markets turn tense, Gold is supposed to shine… right? ✨

But this time, even with US–Iran tensions escalating,
Gold and Silver didn’t rally the way everyone expected. 📉

Gold slipped from around 1.69 lakh to nearly 1.60 lakh,
Silver cooled off from 2.9 lakh to 2.7 lakh.

So what’s really happening? 🤔

This isn’t just about war headlines. It’s about liquidity, leverage, and how margin pressure forces even “safe haven” assets to fall.

Sometimes, in the first phase of fear - everything falls together.

So is this just a temporary leverage flush? Or is the Gold rally over?

Comment your view below 👇

RA disclaimer link: https://groww.in/p/sebi-research-analyst-regulations

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Research Analyst disclaimer: https://groww.in/p/sebi-research-analyst-regulations
Name of the Research Analyst - Cleyon Savio Dsouza
Name of the narrator - Aleena Rais
Report Date: March 10, 2026

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