Galaxy Futures: Geopolitical conflicts erupt, safe-haven assets lead gold and silver

K-LinePoet · 2026-03-03T20:47:18+00:00

Last Friday, the US PPI data slightly exceeded expectations, and inflationary pressures increased, but Middle East geopolitical risks caused gold and silver prices to fluctuate strongly. The US attack on Iran has led to heightened tensions, causing a surge in risk aversion sentiment. Gold and silver prices opened sharply higher, and it is expected that they will continue to remain volatile.

K-LinePoet

2026-03-03 20:47:18

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Last Friday, despite US PPI data slightly exceeding market expectations and indicating potential increased inflationary pressure, market focus remained on Middle East geopolitical risks, leading to a strong and volatile gold and silver price. Over the weekend, the US and Israel launched attacks on Iran, and Iran retaliated, resulting in intense fighting. Although Iranian leader Khamenei confirmed the death, the Iranian regime still exists and has vowed revenge, causing a sharp rise in risk aversion sentiment. Against this backdrop, gold and silver prices opened sharply higher this morning. Looking ahead, under the dominance of risk aversion sentiment, gold and silver prices are expected to continue to fluctuate strongly, but attention should be paid to whether signs of de-escalation or further escalation of chaos emerge. (Galaxy Futures)

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