The old norm in financial common sense has been: when the world pivots towards chaos, investors flock to “safe” assets such as Gold. In recent years, Cryptocurrencies, such as Bitcoin, known as digital gold, have also been coined as a relatively safer asset. When missiles fly, investors hedge accordingly. Then came February 28, 2026. Within hours of coordinated US and Israeli strikes on Iran triggering the closure of the Strait of Hormuz, something strange happened. Gold, which was trading at all-time highs of $5,600 an ounce before the Iran war, began to fall, not dip, all over the world. By…
Author: Shafqat Aziz
Shafqat Aziz
Shafqat Aziz is a Barrister (of Lincoln's Inn), LLM Corporate Law, LLB, Nothingham, the UK. He can be reached at barristershafqataziz@gmail.com.