Why is the price of gold trending down?

In times of global crises, the price of gold shoots up as investors look at the yellow metal as a safe haven against inflation. But that has not been the case this time. Recommended Stories list of 4 items end of list Gold has been under pressure since the United States and Israel attacked Iran in late February, launching a months-long war. Prices have fallen from a high of $5,303 per troy ounce (31.1g) on January 28 to $4,235 on Friday. …