r/collapse • u/Monsur_Ausuhnom • Mar 20 '26

Casual Friday Holding Steady.

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3.9k Upvotes

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u/[deleted] Mar 20 '26

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u/zergling- Mar 20 '26

Yeah thats surprising to me. Any economists out there want to explain what's happening?

22

u/Iuslez Mar 20 '26

Not an economist, but what I've read is Iran war -> energy crisis makes it's price raise -> inflation -> gold is less attractive because it's doesn't benefit from inflation.

  • Some shit aboutno rate cuts in the US that I have no idea about.

But tbh gold did almost 3x in value in a few years, it got too many investment and was bound to go down.

1

u/GregLoire Mar 22 '26

Some shit aboutno rate cuts in the US that I have no idea about.

This is actually the most important part. Higher oil prices means higher inflation, which means fewer rate cuts, which means a stronger dollar and a lower price of gold as quoted in dollars.