Gold Falls as U.S.-Iran Talks Uncertainty Weighs on Sentiment
Markets are pricing in peace premiums too quickly. Gold pulling back on talk optimism while staying above $4400 shows the floor is solid. Iran tensions don't disappear with handshakes. The real drivers haven't changed - central banks added another 800 tons last quarter, COMEX registered gold sits near multi-year lows, and the dollar's structural issues persist. This 2% dip is mechanical profit-taking, not fundamental weakness. Smart stackers use these geopolitical head fakes to add weight. Physical premiums barely budged during the selloff, telling you what dealers think about this move.