Gold ETFs Shine as Middle East Tensions Stoke Safe-Haven Demand
ZACKS·2026-03-02 16:46

Key Takeaways Escalating geopolitical risks are driving renewed safe-haven demand for gold.Gold prices are up 4.84% over the past five days and 52.41% over the past six months.ETFs like GLD and GDX can help investors ride gold's momentum.The Middle East, already marked by a fragile and complex geopolitical backdrop, saw tensions escalate on Saturday as the United States and Israel carried out strikes on Iran. This intensified global market volatility and drove investors toward safe-haven assets, strengtheni ...