Gold could hit $5,800 if U.S.-Iran conflict escalates - Natixis' Dahdah

Core Viewpoint - The article discusses the potential for gold prices to surge significantly if geopolitical tensions, particularly involving Iran, escalate, suggesting a possible 15% increase in safe-haven demand for gold [2][4]. Group 1: Geopolitical Tensions - The article highlights that escalating tensions, especially related to Iran, could lead to a substantial increase in gold prices as investors seek safe-haven assets [2][4]. Group 2: Market Implications - It is suggested that if tensions rise, gold could "explode higher," indicating a strong bullish sentiment towards gold as a protective investment during uncertain times [2][4].