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Gold, Silver Price LIVE: COMEX gold prices above $5,300, silver near $90. More rally ahead amid US-Iran war?

Gold and silver prices have been on the rise for five consecutive sessions amid escalating tensions in the Middle East, particularly related to the US-Iran conflict. As of March 3, COMEX gold is trading above $5,300, while silver prices have reached around $90, reflecting increased market volatility and inflation concerns.

Gold, Silver Price LIVE: COMEX gold prices above $5,300, silver near $90. More rally ahead amid US-Iran war?

Credit: Livemint

Key Highlights

  • Gold prices rose for the fifth consecutive session, trading above $5,300.
  • Silver prices surged nearly 2%, reaching around $90.56 per ounce.
  • The rise in precious metal prices is attributed to escalating US-Iran tensions.
  • Donald Trump indicated the US would continue its military actions against Iran.
  • Energy price increases following these tensions have raised inflation concerns in the US.
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Sources

  1. Gold, Silver Price LIVE: COMEX gold prices above $5,300, silver near $90. More rally ahead amid US-Iran war?
  2. Gold, silver rates today: Gold prices remain above $5,300/oz, silver prices touch $90. What's near term outlook?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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