[Gold Prices Fall for the Third Consecutive Trading Day After New U.S. Strikes on Iran] According to a report by Jinse Finance, on June 11, gold prices fell for the third consecutive trading day following a new round of U.S. strikes on Iran. Gold prices are approximately 23% lower than their levels prior to the outbreak of the Iran conflict at the end of February. JPMorgan advisory consultant and former precious metals trader Robert Gottlieb wrote: "Conflicting headlines arriving in quick succession are exacerbating market uncertainty, prompting investors to reduce risk exposure across various asset classes and increase liquidity." He noted that the latest downturn is "more about deleveraging and portfolio rebalancing rather than a fundamental reassessment of gold as a safe-haven asset." (Sina Finance)