Not Gold, Not the Dollar: The Surprise Asset Surging Most in the Iran War

Not Gold, Not US Dollar, This Asset Has Surged The Most During Iran War

Mar 17, 2026, 04:50 AM en source ↗
Gulf Conflict & Energy MarketsIran Military Conflict

Summary

The war involving Iran has triggered a broad sell-off in equity markets as investors flee riskier assets in search of safety. While gold and the US dollar are traditional safe havens, another asset class has outpaced both during this conflict. Analysts are tracking a significant shift in capital flows as geopolitical uncertainty drives investors toward this unexpected winner.

Preview

Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets.

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