Can Israel-Iran war help silver hit a new record high past $121 and gold over $5,595?

March 3, 2026

Renewed Middle East tensions following the Israel-Iran conflict have revived safe-haven demand for gold and silver. After a sharp correction earlier this year, both metals are regaining momentum, with analysts flagging potential breakouts above key resistance levels. Some strategists even see gold testing $10,000 over the medium term.

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