Gold is supposed to be a safe haven when inflation surges. So why isn’t it working that way now?

Economy MarketWatch By Isabel Wang 30 Sep 2026 16:51 1 min read
Gold is supposed to be a safe haven when inflation surges. So why isn’t it working that way now?

Every investor knows the drill: When markets buckle, buy gold. But in September, that playbook hasn’t worked as expected.

Covered in this story

What has happened since

  • Buckle Inc is up 7.1% since this was published, 21 days ago.

Price move measured from the close nearest publication to the latest quote.

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