---
title: "Gold has plummeted since the Iran war began – does it still make sense for your portfolio, or is the glitter gone?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293648559.md"
description: "The Iran conflict may be a bonanza for U.S. defense manufacturers, but it’s been a downbeat experience for gold prices."
datetime: "2026-07-23T17:01:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293648559.md)
  - [en](https://longbridge.com/en/news/293648559.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293648559.md)
---

# Gold has plummeted since the Iran war began – does it still make sense for your portfolio, or is the glitter gone?

The Iran conflict may be a bonanza for U.S. defense manufacturers, but it’s been a downbeat experience for gold prices.

### Related Stocks

- [GLL.US](https://longbridge.com/en/quote/GLL.US.md)
- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)
- [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md)
- [518850.CN](https://longbridge.com/en/quote/518850.CN.md)
- [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md)

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- [Gold prices extend slide at 6-week bottom](https://longbridge.com/en/news/293679674.md)
- [PRECIOUS-Gold climbs to two-week high as investors watch Middle East conflict](https://longbridge.com/en/news/293458760.md)
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