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Gold Breakout Eyed on Safe-Haven Surge
Amidst the market fallout from the US/Israel attack on Iran over the weekend, gold prices have seen fresh safe-haven demand. The futures market is firmly in the green today having gapped higher at the open, now trading up almost 2% from Friday’s close. With the record highs now less than 5% away, the focus is on a fresh breakout in gold over coming sessions with the global geo-political backdrop unlikely to turn more risk-positive near-term. With Iran carrying out retaliatory attacks and signalling more to come, and Israel widening the scope of its attacks, Trump has warned the operation could continue for weeks. ... (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 ...
From dailyforex.com | Mar 2, 2026
Gold has seen some buying pressure again on Friday, as traders have plenty of reasons to believe that this is still a bullish market. Gold has rallied to break above resistance at one point during the Friday session, but it looks like we are struggling a bit. All things being equal, I think short-term pullbacks offer buying opportunities that a lot of ...
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 ...
