
Gold on track for its largest monthly decline since 2008 as Iran conflict drags on
Gold edged higher in early trading but remains on track for roughly a 14.6% monthly decline—the steepest since Oct 2008—as the U.S.-Iran conflict sustains risk sentiment and a firmer dollar; Goldman Sachs still sees upside over the longer term, forecasting around $5,400/oz by end-2026 amid ongoing central-bank diversification.










