The real reason gold prices fell after the Iran attack - KITCO

Classic geopolitical premium evaporation. Gold spiked on missile headlines then dumped when markets realized this was theater, not escalation. The algos sold first, weak hands followed. But here's what matters for stackers: physical premiums barely budged during the selloff. Dealers still can't keep American Eagles in stock. The paper gold market can swing on headlines all day long. Physical gold responds to deeper currents - currency debasement, central bank accumulation, supply constraints. Iran's fireworks show gave us a $50 dip to add weight. The underlying fundamentals that drove gold from $1800 to $2700 haven't changed one bit.