Gold Slides as Investors Flee Risk, Not Seek Safety

Gold fell 1.2% to $4,066 per ounce on 24 June after DeepSeek, a Chinese AI firm, challenged assumptions about US tech dominance. Stocks sold off sharply. The crucial detail: gold dropped alongside equities rather than rallying as a safe haven. Investors were liquidating positions to cover margin calls, not rotating into protection. That distinction signals what comes next.