Gold extends gains as Middle East war boosts safe-haven demand

March 3, 2026

Gold prices surged for a fifth consecutive session, reaching a four-week high as investors sought safe-haven assets amid escalating U.S. and Israeli air strikes against Iran. Fears of a protracted regional war and deepened uncertainty are driving demand for the precious metal, with silver, platinum, and palladium also seeing gains.

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MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows

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