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Gold may soon rally alongside oil despite recent declines amid Iran conflict, says economist Peter Schiff.

Market News
02 Apr 2026
Finbold
View Source
Neutral
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Gold prices fell over 13% in March during the Iran war escalation, defying its usual safe-haven status. However, economist Peter Schiff predicts gold will soon reverse this trend and rally alongside rising oil prices, which have surged due to the conflict. Schiff suggests the war and supply chain disruptions could persist through 2026, supporting a prolonged gold rally. Contrarily, some experts argue gold's recent volatility and market sell-offs may delay any recovery until broader market conditions improve.

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