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Gold Crashed During a War. Here's Why That Should Terrify You.

Apr 16, 2026

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3 min read

Gold Crashed During a War. Here's Why That Should Terrify You.

The US-Iran war broke every textbook rule about safe havens. Gold fell 13% while bombs were falling. Bitcoin outperformed everything. And the Strait of Hormuz is now a crypto toll booth.

Omkar Kirpan
Omkar Kirpan

The Dispatch India

AI-powered India intelligence. 106 news feeds across Hindi, English, Gujarati & Marathi - distilled into sharp dispatches on markets, geopolitics, and the Indian economy. What’s actually happening vs what headlines say.

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