Gold, Silver Prices to Soar: Israel-Iran Tensions Spark Global Market Shock
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News18•28-02-2026, 15:43
Gold, Silver Prices to Soar: Israel-Iran Tensions Spark Global Market Shock
•Israel's recent attacks on Iran are expected to cause a significant surge in gold and silver prices globally, particularly on Monday.
•Geopolitical tensions are driving investors towards gold as a safe-haven asset, reversing Friday's domestic price dip.
•International COMEX market saw gold jump 2% ($102) to $5,296 and silver surge 8% to $93.82 in a single day.
•Experts predict a gap-up opening for gold and silver in the domestic market, with gold potentially reaching $5,350 internationally.
•Investors advised to use stop-loss orders: buy gold between 1,60,000-1,61,000 (target 1,65,000, stop loss 1,58,000) and silver between 2,78,000-2,80,000 (target 2,90,000, stop loss 2,73,000).
