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Gold Climbs as Middle East War Drives Investor Rush to Safety
Gold rose, as war in the Middle East rattled markets and sent investors flocking to safer assets. Bullion climbed more than 2% to around $5,390 an ounce in early trading, having gained more than 3% in the previous week as American troops amassed in the region. Conflict spread over the weekend after the US and Israel attacked Iran and Tehran responded with waves of missiles at targets in multiple countries. Iran’s supreme leader, Ayatollah Ali Khamenei, was killed on the first day of strikes. Wider geopolitical tensions and US President Donald Trump’s upheaval of international relations have been key factors in a ... (full story)
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From thegoldforecast.com | Mar 1, 2026
Gold and silver advanced in early Asian trading as intensifying Middle East tensions triggered a fresh wave of safe-haven buying. Joint U.S. and Israeli military strikes on Iran over the weekend—reportedly resulting in the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei—have sharply increased geopolitical risk and unsettled global markets. “Gold ...
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From zawya.com | Mar 2, 2026
Gold prices rose more than 2% as U.S.-Israel strikes on Iran expanded on Monday with no end in sight, stoking fears of wider geopolitical and economic uncertainty and sparking a flight to safe havens. Spot gold gained 2.1% to $5,390.38 an ounce as of 1050 GMT, after hitting a more than four-week high earlier in the session. The metal touched a peak of ...
