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Investors Seek Harbour in Gold as US and Israel Strike Iran
Gold prices surged 7.84% in February and silver jumped 8% in one day after U.S.-Israeli strikes on Iran, boosting safe-haven demand amid rising geopolitical tensions.
- On Monday, March 2, 2026, investors sought a safe‑haven in gold and silver after U.S.-Israeli strikes on Iran, sparking a bullish outlook for precious commodities.
- Geopolitical shocks drove quick safe‑haven flows, with gold prices surging amid rising geopolitical tensions as gold and silver typically react swiftly to such developments.
- Data show spot gold rising, with international spot gold increasing by 1.75 percent to $5,275.82 per ounce and $94.30 per ounce. The exact numbers are from the source.
- Markets are expected to open much higher on March 2, 2026, as some reports suggest tensions could help gold and silver break $6,000 and $200 resistance levels while investors watch central banks.
- Experts warn that reaching $200 silver requires persistent demand and continuous instability despite the precious metal's 7.84 percent surge in February 2026.
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US–Iran War: What's the forecast for Gold and Silver for Monday, March 2
Renewed military action in Middle East, including strikes by Israel and the United States on Iran, has sharply raised geopolitical tensions — setting the stage for a volatile opening in bullion and equity markets when trading resumes on Monday, March 2
·New Delhi, India
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Gold shops in Yaowarat (Chinatown) are gradually closing as usual at 5 PM. They have not yet posted signs suspending gold buying or selling. There is anticipation of the market reopening on March 2, 2026, following the Israeli and US attacks on Iran.
Coverage Details
Total News Sources22
Leaning Left0Leaning Right4Center2Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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