First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/08/06/i-thought-gold-was-a-safe-haven-why-did-gold-tank-along-with-stocks-003361
<p><img src='https://www.moneymetals.com/uploads/content/Why-Did-Gold-Drop-Along-With-Stocks.jpg'/></p>Gold is generally viewed as a safe haven. So, why did gold plunge along with stocks during Monday&#039;s market chaos? While this may seem incongruent, it is actually quite normal.