Gold price (XAU/USD) attracts some buyers to near $5,330 during the early Asian session on Monday. The precious metal holds positive ground after reaching $5,420 in the previous session, bolstered by safe-haven flows. Traders will take more clues from the Fedspeak later on Tuesday.
Gold prices advance over 1% on Monday, as geopolitical risks rise due to the escalation of the conflict in the Middle East that sparked an attack from the US and Israel on Iran. At the time of writing, XAU/USD trades at $5,341 after hitting a one-month high of $5,419 earlier in the day.
ING Commodities Strategist Ewa Manthey notes that LME aluminium prices have jumped to a one‑month high as Middle East tensions revive supply concerns. She argues that risks are focused on regional physical premiums, especially in Europe and the US, rather than a broad tightening of global supply.
OCBC strategists Sim Moh Siong and Christopher Wong note that Gold is drawing a safe‑haven bid as weekend strikes raise geopolitical risk premia. They see risks skewed to the upside, with resistance at 5,440 and 5,500 and support at 5,149 and 5,013.
BNY's Head of Markets Macro Strategy Bob Savage highlights how Middle East tensions and a Saudi refinery hit have driven Oil prices 7–10% higher, with European gas also surging. He notes that Saudi ports still load tankers and OPEC+ plans output increases.
TradingKey - In traditional macroeconomic frameworks, the US dollar and gold typically exhibit a negative correlation: a stronger dollar suppresses dollar-denominated gold, while rising gold prices ar
Gold (XAU/USD) opens the week with a bullish gap amid escalating geopolitical tensions in the Middle East, with the US-Iran war triggering a fresh wave of safe-haven demand. At the time of writing, XAU/USD trades around $5,386, marking its highest level in over one month.
Silver (XAG/USD) trades around $95.30 at the time of writing on Monday, rising 1.68% on the day.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $95.59 per troy ounce, up 1.90% from the $93.81 it cost on Friday.
MUFG’s Lee Hardman highlights that Brent briefly spiked above USD 82 before slipping back under USD 80 as traders assess Middle East supply risks.
ING’s commodities strategists Ewa Manthey and Warren Patterson say Gold is pushing higher as markets react to escalating tensions between the US, Israel and Iran.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
TradingKey - On the evening of February 28 local time, Iran's Islamic Revolutionary Guard Corps announced a ban on all vessels passing through the Strait of Hormuz and issued warnings to several passi
TradingKey - US-Iran conflict drives silver prices higher, with potential to break above $100.During Asian trading hours on Monday, influenced by the US-Iran conflict, silver ( XAGUSD) prices jumped a
Gold (XAU/USD) retreats from the $5,400 neighborhood, or its highest level since late January, touched during the Asian session on Monday, though it manages to hold above the $5,300 round figure. The commodity currently trades below the mid-$5,300s, still up over 1.0% for the day.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.65 during the early European trading hours on Friday. The WTI jumps to its highest since June 2025 after joint military strikes by the US and Israel against Iran over the weekend.
TradingKey - On Monday, crude oil prices in Asian markets surged significantly as tensions in the Middle East continued to escalate following joint military strikes by the United States and Israel aga
West Texas Intermediate (WTI) opened the week on Monday with a massive gap of over 5%, accelerating its upside to break through the critical $72 mark.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) said on Sunday that they will boost production of crude as US and Israeli forces launched a major attack on Iran and the country responded with retaliatory strikes against Israel and US military installations around the Gul
TradingKey - In February 2026, the precious metals market strengthened significantly against a backdrop of rising geopolitical risks and fluctuating macro expectations. Gold (XAUUSD) and Silver (XAGUS
TradingKey - Gold, silver, and oil rallied collectively; Gold (XAUUSD) rose nearly 2% on the day to close at $5,280/oz, nearing the $5,300 mark, while Silver (XAGUSD) recorded its tenth consecutive mo
A red-hot inflation report in the United States and rising tensions between the latter and Iran pushed Gold price higher on Friday, past the $5,260 figure, posting solid gains of over 1.20%.
MUFG’s Senior Currency Analyst Lloyd Chan highlights that an escalation in US–Iran tensions could trigger an Oil price shock, reviving global inflation and hurting Asia’s net Oil importers.
Silver price (XAG/USD) extends its gains for the third consecutive day after the latest inflation report in the United States prompted investors to seek the safety of the white metal, while the Greenback remained firm. At the time of writing, XAG/USD trades near $91.39 up close to 3%.
Commerzbank’s Carsten Fritsch expects OPEC+ to only slightly increase Oil production from April, with Russia underproducing and Kazakhstan constrained, so a modest quota hike should not pressure prices.
Citing an email from Israel Ambassador Mike Huckabee, NBC News reported that some embassy staff were told that they could leave Israel and that they need to do so quickly.
Commerzbank’s Thu Lan Nguyen and Carsten Fritsch note that Gold has stabilized around USD 5,200 per troy ounce, supported by political uncertainty over US tariffs and the US–Iran conflict. ETF inflows underline safe-haven demand, while high prices are curbing physical buying in India.
Gold (XAU/USD) consolidates with mild losses on Friday, as momentum stalls within this week’s established range.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $89.64 per troy ounce, up 0.90% from the $88.84 it cost on Thursday.