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Gold jumps over 2% as US-Israel strikes on Iran trigger rush to safe havens
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 $5,594.82 on January 29. U.S. gold futures rose 3% to $5,406.30 per ounce. "What we're seeing is an increase in safe-haven assets, which is reflected in the gains in gold and also reflected in the losses of risk-related assets, such as stocks," said ActivTrades ... (full story)
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From finance.yahoo.com | Mar 1, 2026
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 ...
From msn.com | Mar 2, 2026
Oil prices surged, US stocks erased earlier losses and gold rose Monday as financial markets digested concerns about a broadening war with Iran. Investors are bracing for volatility in global energy markets as developments unfold in the Middle East. While markets saw sharp moves, the volatility so far has been largely as expected, and Wall Street is on ...
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 ...
